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Author Topic: those who are buying know something I don't  (Read 6419 times)
niko
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There is more to Bitcoin than bitcoins.


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April 08, 2013, 10:25:21 AM
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It takes lots of confidence to buy in this market. Speculation: those who are buying in the past few weeks know something most of us here do not know yet. Possibly a big deal / series of deals being prepared behind the curtains. Bitcoincard, coinlabs, etc. - what are they up to?

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
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humanitee
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April 08, 2013, 10:31:46 AM
 #2

It takes lots of confidence to buy in this market. Speculation: those who are buying in the past few weeks know something most of us here do not know yet. Possibly a big deal / series of deals being prepared behind the curtains. Bitcoincard, coinlabs, etc. - what are they up to?

According to Vladimir this is the truth. He won't say just what it is though.
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April 08, 2013, 10:43:05 AM
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there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.
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April 08, 2013, 10:47:06 AM
 #4

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...

Jrock
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April 08, 2013, 10:50:45 AM
 #5

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...



When's it gonna happen?!

prof7bit
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April 08, 2013, 10:52:23 AM
 #6

Here's a sign...


Thats not a sign. Thats a chart with an inappropriate scale for the y-axis that actually doesn't show anything.

Old Bitcoins recycling and disposal: 1N7ZcHoe77JncRYAg27RVqJZbrjqUQ77WE
Blockchain.info -> Multibit converter (and much more) https://github.com/prof7bit/wallet-key-tool
Bowjob
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April 08, 2013, 10:56:45 AM
 #7

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...





Surely this is a bubble and will pop soon enough. It will go away soon!

It seemed like a good idea at the time.
therealodog
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April 08, 2013, 11:00:51 AM
 #8

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...





Surely this is a bubble and will pop soon enough. It will go away soon!

u need to adjust that for inflation,,,
wopwop
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April 08, 2013, 11:01:06 AM
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All we need is bigger suckers  than the previous to buy and we're good.

Trace Mayer is trying hard to get those in. I hope he succeeds as long as possible
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April 08, 2013, 11:06:16 AM
 #10

This is what proudhon is actually telling us.

It seemed like a good idea at the time.
Krabby
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April 08, 2013, 11:27:17 AM
 #11

there are a lot of people being introduced to bitcoin at the moment who don't have much choice but to buy now - there's no signs of bitcoins dramatically dropping in value.


Here's a sign...



When should I dump them proudhon?

HappyBitCoinUser
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April 08, 2013, 11:27:31 AM
 #12

Your chart only goes up too 200? I think you need to expand it a bit.
proudhon
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April 08, 2013, 11:30:54 AM
 #13

Here's another to show how ridiculous the situation is right now.

Krabby
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April 08, 2013, 11:32:30 AM
 #14

Here's another to show how ridiculous the situation is right now.



You should expand the X axis to like 2005.
It will make it look more scary.

wopwop
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April 08, 2013, 11:33:45 AM
 #15

Here's another to show how ridiculous the situation is right now.

...
as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

so just be a believer proudhon, it's all we believers ask of you

join us
IIOII
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April 08, 2013, 11:35:18 AM
 #16

Speculation: those who are buying in the past few weeks know something most of us here do not know yet.

Speculation: Those who do not know yet are buying from those who knew this since the past few weeks.

 Shocked

MikeH
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April 08, 2013, 11:43:25 AM
 #17

as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

Hey, I have some silver - do you know if JP Morgan are ever going to let the price rise? Smiley
alexh
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April 08, 2013, 11:52:58 AM
 #18

Just need some balls. I think most people will hold on to their BTCs for a looong time.

Luckybit
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April 08, 2013, 11:57:06 AM
 #19

Here's another to show how ridiculous the situation is right now.

...
as a professional value trader that worked at JP Morgan Chase I know that exponential rises are usually accompied with strong fundamentals that support it

so just be a believer proudhon, it's all we believers ask of you

join us

Prove you worked for JP Morgan. Scan some proof and show us.
prof7bit
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April 08, 2013, 12:12:03 PM
 #20

Here's another to show how ridiculous the situation is right now.



There is a button "log scale" on the upper right side. click it to get a proper scaling of the y-axis.

Old Bitcoins recycling and disposal: 1N7ZcHoe77JncRYAg27RVqJZbrjqUQ77WE
Blockchain.info -> Multibit converter (and much more) https://github.com/prof7bit/wallet-key-tool
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