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May 25, 2011, 10:30:05 AM |
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At this point I'm not spending bitcoins unless I either run out of fiat, or someone offers something I want payable in bitcoins.
I am, however, getting as many as I can get my hands on (which, admittedly, isn't that much).
If the community here is successful in bootstrapping a Bitcoin-based economy, then the value of a single BTC could eventually exceed $1 million USD. And to think, you are here and have the opportunity to get "bucketloads" of them under $10!
Same here. 1 million USD/BTC wow that is such a wet dream for me dude  If price went up that high I could finally afford running a 1 Gigabit Ethernet connection to my house...  That seems a tad too ambitious but it would be pretty awesome to see. That's my "conservative" estimate. I'm REALLY thinking $5m to $15m. |
3KzNGwzRZ6SimWuFAgh4TnXzHpruHMZmV8
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toddbethell
Jr. Member
 Offline
Activity: 49
Merit: 1
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May 25, 2011, 11:50:09 AM |
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Or do it like me: Buy, hold, sell, buy back in more expensively.  Damn you, exponential growth. Where’s my x-mas tree pattern? That is very funny and true. Now I know I'm not the only one who got trampled by the bull's? I'm more cautious now but the market started moving in locksteps. Can't play off that. |
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allinvain
Legendary
Offline
Activity: 3080
Merit: 1083
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May 25, 2011, 02:48:55 PM |
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Buy, Buy, Buy. Buy before the big boys come in. Buy before the Bitcoin poker economy takes off. We have reached critical mass. We have reached the point of no return. There isn't much time now! Buy as much as you can afford to lose, or you won't be able to live with yourself.
And this IS financial advice, bitches.
Oh wow we have an ACTUAL financial advisor among us. I don't think it's good to get too worked up about it. Let's all relax and see where things go. I hope bitcoin doesn't' become another example of what Alan Greenspan called irrational exuberance. Sure bitcoins are great and all but would it be smart to bet the farm on them sorta speak; nope! |
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brocktice
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May 25, 2011, 03:03:31 PM |
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Buy, Buy, Buy. Buy before the big boys come in.
I think many of the 'big boys' that are going to buy in already have. I do still think there's a lot of upside left, but c'mon. |
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Digigami
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May 26, 2011, 06:24:40 PM |
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free thread bump so I can find it easier in the future.. that is all
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S3052 (OP)
Legendary
Offline
Activity: 2100
Merit: 1000
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May 26, 2011, 06:31:47 PM
Last edit: August 04, 2017, 07:32:09 PM by S3052 |
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S3052 (OP)
Legendary
Offline
Activity: 2100
Merit: 1000
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May 26, 2011, 06:33:24 PM |
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I have reset the poll again, so please vote:
Up
Same as now
Down
I don't know
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proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
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May 26, 2011, 06:35:23 PM
Last edit: May 26, 2011, 07:35:35 PM by proudhon |
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Voted.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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allinvain
Legendary
Offline
Activity: 3080
Merit: 1083
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May 26, 2011, 08:10:18 PM |
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second that vote...
this price is like a helium baloon, it has no choice but to go up up up and awaaaaay! lol
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epii
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May 28, 2011, 04:32:09 PM |
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Volume has crashed since the difficulty increase, not sure of the correlation...
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deadlizard
Member
Offline
Activity: 112
Merit: 11
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May 29, 2011, 03:55:15 PM |
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Someone is buying BTC at $8.72 over at Virwox... Just saying...
Sour I missed the $11 spike (usd/sll dropped at the same time btc/sll peaked  ) |
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S3052 (OP)
Legendary
Offline
Activity: 2100
Merit: 1000
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May 30, 2011, 06:52:07 PM
Last edit: August 04, 2017, 06:10:09 PM by S3052 |
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As promised, here is tonight's technical analysis.
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brocktice
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May 31, 2011, 02:04:49 PM |
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Someone is buying BTC at $8.72 over at Virwox... Just saying...
Sour I missed the $11 spike (usd/sll dropped at the same time btc/sll peaked ) VirWoX is shaping up to be somewhat independent of Mt. Gox, with different weighted averages, spreads, and so forth... And it will probably continue to grow to be less dependent on Mt. Gox unless traders choose to sully their paws with the piddly little exchange and start to do more arbitraging. It can not really be analysed as a simple proxy of Mt. Gox in part, I think, because the culture is very different. Not only that, the fees are very high. I cashed out some old L$ I had sitting around but I won't be playing that game anymore. |
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FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1016
Strength in numbers
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June 01, 2011, 03:36:30 AM |
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Freemoney and bitcool:
Will do 50 btc with each of you.
On silver spot price trading below 30 at least intraday before may 31, 2011.
Consider it booked. I just want to know what source you consider valid for this. I watch Kitco, don't know if that's lame or rigged or whatever. Wow, when silver was at 49 I thought I had a lock. Not so sure at all now! I am happy to pay you the 50btc each if it does not fall another 4.9$ :-) I made a very good trade as I shortened massively between 45-49 $ and now it is 34.9$. Looks like I survived. 1Dxv4XFiX2V4WZ2UysiozKPEgJGS2sRARs |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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kinghajj
Member
Offline
Activity: 66
Merit: 10
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June 01, 2011, 04:28:10 AM |
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 I was messing around with Bitcoincharts and made this chart. It looks like the current rally period is winding down. It's interesting that these rallies seem to occur in three-month intervals--can anyone think of an explanation for that? |
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da2ce7
Legendary
Offline
Activity: 1222
Merit: 1016
Live and Let Live
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June 01, 2011, 06:40:53 AM |
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One off NP-Hard.
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2349
Eadem mutata resurgo
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June 01, 2011, 06:52:04 AM |
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3 months is roughly the length of season, i.e. a quarter of year. It is also 3 revolutions of the moon about the earth and 3 human menstrual cycles.
People tend to move money around and make larger economic decisions/purchases on the seasons' change.
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bitcool
Legendary
Offline
Activity: 1441
Merit: 1000
Live and enjoy experiments
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June 01, 2011, 10:41:05 AM |
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Freemoney and bitcool:
Will do 50 btc with each of you.
On silver spot price trading below 30 at least intraday before may 31, 2011.
Consider it booked. I just want to know what source you consider valid for this. I watch Kitco, don't know if that's lame or rigged or whatever. Wow, when silver was at 49 I thought I had a lock. Not so sure at all now! I am happy to pay you the 50btc each if it does not fall another 4.9$ :-) I made a very good trade as I shortened massively between 45-49 $ and now it is 34.9$. Too bad it didn't reach $30 as my "all-in" target was around $29 area. Who knows, I may still have a chance before this summer doldrums is over. 16jfs75JeVTn6y6WKHy4BkCmyFsykhBqYr |
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FreeMoney
Legendary
Offline
Activity: 1246
Merit: 1016
Strength in numbers
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June 01, 2011, 07:53:08 PM |
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Freemoney and bitcool:
Will do 50 btc with each of you.
On silver spot price trading below 30 at least intraday before may 31, 2011.
Consider it booked. I just want to know what source you consider valid for this. I watch Kitco, don't know if that's lame or rigged or whatever. Wow, when silver was at 49 I thought I had a lock. Not so sure at all now! I am happy to pay you the 50btc each if it does not fall another 4.9$ :-) I made a very good trade as I shortened massively between 45-49 $ and now it is 34.9$. Too bad it didn't reach $30 as my "all-in" target was around $29 area. Who knows, I may still have a chance before this summer doldrums is over. 16jfs75JeVTn6y6WKHy4BkCmyFsykhBqYr Yeah, my plan was to make up my loss by buying a ton below $30. |
Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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Poll
