ironm@n
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July 24, 2016, 10:59:33 AM |
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And now it seems overbought
Overbought? What are you smoking man? What do you think the price should be $300? Those days are probably in the rear dude. We are in the consolidate and then inflate stage. Although, its Bitcoin, so who knows I hope you're right, let's see what will happen next.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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yugo23
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July 24, 2016, 12:10:18 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
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asdalani
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July 25, 2016, 12:29:13 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value.
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respawn2
Member
Offline
Activity: 84
Merit: 10
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July 25, 2016, 01:06:48 PM |
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Hmm... Interesting idea but I strongly disagree.
I'd say that btc has no intern value. You can't say btc is "undervalued" because btc has no value in itself. In fact nearly nothing has value in itself! Only crafted objects, that can be said having the value of the raw materials they're made of...
The value of the bitcoin lies in its usage. It is supported by the PoW mining. So it is intrisinc value. *intrinsic That word don't mean what you think it does.
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ironm@n
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July 28, 2016, 04:07:02 AM |
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And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon I understand the potential, I'm holding for the long term.
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Yadamosan
Member
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Activity: 193
Merit: 10
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July 28, 2016, 03:22:49 PM |
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And now it seems overbought
i cannot say that it is overbought, the price still has a lot of potential to go up in my opinion and make us some good profit pretty soon I understand the potential, I'm holding for the long term. The bitcoin price is quite stable at the moment. I never see this stability before. It is very suitable to be a currency.
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panju1
Legendary
Offline
Activity: 1246
Merit: 1000
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July 29, 2016, 12:47:59 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit.
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Karpeles
Legendary
Offline
Activity: 1162
Merit: 1000
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July 29, 2016, 03:19:52 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. Or wait the next report to know the next fair value and what to do next
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maku
Legendary
Offline
Activity: 1288
Merit: 1000
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July 29, 2016, 04:11:38 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued!
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ASHLIUSZ
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July 29, 2016, 11:09:00 AM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions.
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asdalani
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July 30, 2016, 09:07:40 PM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions. The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin.
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bitlancr
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July 30, 2016, 10:12:22 PM |
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We are at $655, which is exactly the fair-value mentioned in the report. Now may be the time to exit. But that report didn't include any changes of mining environment i.e. it was published before recent halving. In our current situation and with halving taken into consideration present bitcoin's price is still undervalued! The price of bitcoin is $650 which is nearly 50% from its opening at start of this year. While nobody knows for certain how the long-awaited reduction in rewards to miners will affect the network, everything goes on predictions. The bitcoin price early next year could be around $1000. That could be due to the mass adoption of the bitcoin. 850 would be the price op is stating is what bitcoin's really worth. At this moment i don't see that as a realistic price. The price of 650 seems more of a realistic price to me.
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anama
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July 31, 2016, 12:43:32 AM |
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If now imposible is bitcoin price undervalued two hundred dollar every one bitcoin because now pasca halving return to mining only few fifty percentage is compare before halving so is price bitcoin very low is miner not mining again, all miner not mining is big trouble bitcoin
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