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kwukduck (OP)
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March 18, 2016, 08:09:47 PM
 #1

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

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March 18, 2016, 08:11:48 PM
 #2

Of all the kwukduk's callings, this one will probably come to fruition. I'm shorting the hell out.

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March 18, 2016, 08:21:32 PM
 #3

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Would you tell me what merchants stopped accepting bitcoin ? I did not hear news about any store was accepting btc and stopped, even Microsoft they return in their decision
martinacar
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March 18, 2016, 08:28:52 PM
 #4

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Would you tell me what merchants stopped accepting bitcoin ? I did not hear news about any store was accepting btc and stopped, even Microsoft they return in their decision

Yes indeed witch merchants are stopped Microsoft made a mistake but that was all these days.
Other than that there a now big company's stepped out or something...
Altcoinsupporter
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March 18, 2016, 09:06:43 PM
 #5

The bitcoin will not go to a higher amount anytime soon because nobody stepped out and it has in the opposite a good future so it will rise slowly with the stores that are stepping in.
Also another fact is that the bitcoin is growing by its users!
richardsNY
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March 18, 2016, 09:12:14 PM
 #6

Even if it goes below $400 today or tomorrow, so what? We've seen the price go over and below $400 for several times now. Don't think many people are surprised by this small drop. It'a considered to be normal market action.
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March 18, 2016, 09:32:34 PM
 #7

Even if it goes below $400 today or tomorrow, so what? We've seen the price go over and below $400 for several times now. Don't think many people are surprised by this small drop. It'a considered to be normal market action.

I agree with you that there is no legitimate reason for all that panic. I think there are a lot of traders how like to spread fear in order to push people dump their coins cheap then they make profit from the market movement
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March 18, 2016, 09:37:21 PM
 #8

First and second poster are zionist banker shill spammers.  Look at both of their post history.  Every single post is "Price going to crash to $1 any second!"

The kwukduck account was bought by them a long time ago.

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March 18, 2016, 09:43:47 PM
 #9

What merchant stopped?
ivanst776
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March 18, 2016, 09:58:24 PM
 #10

More harsh times for bitcoin across the horizon.
Now that merchants are stopping accepting bitcoin in their stores we can expect a significant (20-30%) drop in the next weeks.

Would you tell me what merchants stopped accepting bitcoin ? I did not hear news about any store was accepting btc and stopped, even Microsoft they return in their decision

Yes indeed witch merchants are stopped Microsoft made a mistake but that was all these days.
Other than that there a now big company's stepped out or something...

Microsoft apologies aftar making that mistake and they still do accept bitcoins, i still wonder which are the other merchant that do not accept bitcoins anymore? Price crashed today for more than 11 dollars.
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March 19, 2016, 02:20:40 AM
 #11

Even if it goes below $400 today or tomorrow, so what? We've seen the price go over and below $400 for several times now. Don't think many people are surprised by this small drop. It'a considered to be normal market action.
yeah, I agree. it doesn't really matter. the price has change to rise again and again even it will be down sometimes. so don't be too panic.

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March 19, 2016, 02:23:56 AM
 #12

Hypothetically speaking... even IF a bunch of merchants all decided to stop accepting Bitcoin, would there really be any change in price? Bitcoin's price is, and has always been, almost purely speculatory. The only way merchants discontinuing Bitcoin would affect the price level would be if there was significant coverage on such events, but bad news rarely gets spread in this community.
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March 19, 2016, 02:43:18 AM
 #13

Hypothetically speaking... even IF a bunch of merchants all decided to stop accepting Bitcoin, would there really be any change in price? Bitcoin's price is, and has always been, almost purely speculatory. The only way merchants discontinuing Bitcoin would affect the price level would be if there was significant coverage on such events, but bad news rarely gets spread in this community.
Realistically speaking, yes, there would be a drop in the price. However, chances are it would be fairly small, since people that actually buy Bitcoin to buy stuff don't make up a majority of the user base.

There would be a drop in $50-$100 is all merchants got cold feet and backed out, but I think that is very unlikely to happen.
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March 19, 2016, 03:14:51 AM
 #14

Hypothetically speaking... even IF a bunch of merchants all decided to stop accepting Bitcoin, would there really be any change in price? Bitcoin's price is, and has always been, almost purely speculatory. The only way merchants discontinuing Bitcoin would affect the price level would be if there was significant coverage on such events, but bad news rarely gets spread in this community.

YES, it would cause the price to go down a little.
all the speculators are waiting for any kind of news to start buying or selling. history has proven this that with every bad news even if small price goes down and with any small good news price goes up. this is not the only reason though but it is effective enough.

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March 19, 2016, 04:20:47 AM
 #15

i would personally like to see SUB 400, why would some have all the fun
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March 19, 2016, 05:02:33 AM
 #16

Looks like a pretty solid bounce off of $403. I'm not quite sure it will go lower than that. But who knows, maybe we get another sale at $380! Or better yet, $370. Too bad I have no fiat to buy at those bargain prices. Oh, well. I had my shot, and I sort of took it. It's sort of turned out well.

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March 19, 2016, 05:08:30 AM
 #17

finally we see something from kwukduck pop up in this forum again. let the price go below $400 again, don't see anything being wrong with that. some people will use sub $400 prices to enter the market and that will cause the price to go up as result. i am quite interested in knowing what merchants have been stopping their bitcoin payments. if you have such a big mouth you should name the merchants you are talking about.
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March 19, 2016, 06:16:22 AM
 #18

Fun fact, this guy was predicting double digits In March 2015.

Upcoming weeks target is around 170-180, stabilize there for a few days up to a week, then hard down to around 100 where we will face some serious resistance that may cause a small dead cat bounce. After that cat dies, bitcoin will likely sink into the forgotten depths to double And single digits to be laughed at in the future.

Here's an archived version. I wouldnt trust this guy's predictions. Whatever they are. I don't know, I stopped reading his bullshit a few months ago.

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March 19, 2016, 07:18:37 AM
 #19

What merchant stopped?

none it was a mistake about microsoft not accepting bitcoin anymore which is utterly false, and they also said so

this thread is again pointless, because everything is telling us it simple that there is price movements, which is again pretty normal for any healthy market
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March 19, 2016, 07:25:31 AM
 #20

For every one merchant who stops accepting bitcoins there are 100 who starts accepting Smiley

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