aliro38
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December 15, 2014, 03:15:08 PM |
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I check BTC price every day, but there is simply not enough mass adoption yet to push price higher. Speculators are not jumping in mass because they see future weakness in the price.
The day is coming though, when adoption starts to put price pressure on bitcoin and investors will sense an opportunity. I think it is September 2015, then we don't stop until 25k.
Until then i try and figure out ways to buy more.
Good to know! Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen... Any help would be appreciated. |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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sleger
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December 15, 2014, 03:18:23 PM |
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Good to know!
Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...
Any help would be appreciated.
Ok I am going to help you, there is only 25k$ needed for the price to reach 25k$/btc, how did you get your 350bn$ figure from ? |
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 15, 2014, 03:20:18 PM |
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Hah, you can tell this was written by a woman. Welcome to being a man, hon.
The only thing funny about this comment is how people called nanobrain sensitive and accused her of not knowing what she's talking about when she brought up sexist bullshit.  |
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aliro38
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December 15, 2014, 03:23:35 PM |
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Good to know!
Then I will try to figure out who will provide the necessary 335-350 billions USD for that to happen...
Any help would be appreciated.
Ok I am going to help you, there is only 25k$ needed for the price to reach 25k$/btc, how did you get your 350bn$ figure from ? Lol. Nice math you have there... Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price) Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days |
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sleger
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December 15, 2014, 03:26:50 PM |
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Lol. Nice math you have there...
Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
I was trying to give you a hint but it did not work. Who said all 13.6mil coins have to be sold for the price to reach any value  I gave 25k$ as an example as if everyone removes their ask, and one btc sells for 25k$ (or even a fraction of 1btc) then the price IS 25k$/btc. You're welcome. |
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aliro38
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December 15, 2014, 03:34:16 PM |
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Lol. Nice math you have there...
Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
I was trying to give you a hint but it did not work. Who said all 13.6mil coins have to be sold for the price to reach any value I gave 25k$ as an example as if everyone removes their ask, and one btc sells for 25k$ (or even a fraction of 1btc) then the price IS 25k$/btc. You're welcome. Sure. The price may be whatever you want it to be for a small duration of time. Up or down equally. For a fraction of a second you may push it above the last ask. So what? In the next fraction of a second will return back, where is sustainable. I was talking about equilibrium... I fully understand you may not like it. |
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findftp
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Delusional crypto obsessionist
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December 15, 2014, 03:48:32 PM |
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Is there a chart which shows the posts being made to this thread over time? I have the impression that this thread is much less active than a few weeks ago. I would like to know if there is a big correlation with the price movement (whichever direction)  |
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Elwar
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Viva Ut Vivas
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December 15, 2014, 03:53:24 PM |
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Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
So all 13.6 million bitcoins are traded daily on the exchange? |
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ChartBuddy
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 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 15, 2014, 04:00:41 PM |
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paul2000
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December 15, 2014, 04:03:17 PM |
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Difference between btc-e and the others getting bigger and bigger, any explanation?
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aliro38
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December 15, 2014, 04:06:47 PM |
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Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
So all 13.6 million bitcoins are traded daily on the exchange? Did I say or imply that somewhere?! Maybe my English is not good enough... |
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findftp
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Delusional crypto obsessionist
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December 15, 2014, 04:10:26 PM |
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Difference between btc-e and the others getting bigger and bigger, any explanation?
Special christmas discount? I don't know  |
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Elwar
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Viva Ut Vivas
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December 15, 2014, 04:16:07 PM |
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Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
So all 13.6 million bitcoins are traded daily on the exchange? Did I say or imply that somewhere?! Yes, it was implied in this equation: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price) |
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sleger
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December 15, 2014, 04:20:35 PM |
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Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
So all 13.6 million bitcoins are traded daily on the exchange? Did I say or imply that somewhere?! Yes, it was implied in this equation: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price) He doesn't get it still, crazy !! |
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adamstgBit
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December 15, 2014, 04:31:09 PM |
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http://cointelegraph.com/news/113117/bitcoin-analysis-week-of-dec-14-bollinger-bandsWe are on the very edge of turning fully bearish for the near futures. At the moment the short-term view is set up for a small bounce to the US$365 levels, but after that we will most likely see more downside. The intermediate term view is sitting right on the edge and we would need a break back to US$380 and above next week to change that - US$340 is the critical number to watch. cointelegraph is a bear!  also its offical... the next 24 hours are critical as fuck!!!
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JayJuanGee
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Activity: 3710
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Self-Custody is a right. Say no to"Non-custodial"
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December 15, 2014, 04:46:35 PM |
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Hah, you can tell this was written by a woman. Welcome to being a man, hon.
The only thing funny about this comment is how people called nanobrain sensitive and accused her of not knowing what she's talking about when she brought up sexist bullshit. hahahahahaha... that's exactly what I was thinking, when I initially read Octaft's comment, but I was too lazy to post anything..  |
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aliro38
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December 15, 2014, 04:49:31 PM
Last edit: December 15, 2014, 05:09:42 PM by aliro38 |
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Think again: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price)
Don't forget to add 3600 fresh btc/day (from mining) multiplied by 200...350days
So all 13.6 million bitcoins are traded daily on the exchange? Did I say or imply that somewhere?! Yes, it was implied in this equation: 13,6 mil (bitcoins in circulation already) multiplied by 24650USD (25000/target price -350/actual price) He doesn't get it still, crazy !! I don't get it?! That's marketcap. Nothing more, nothing less. See here: http://www.investopedia.com/articles/basics/03/031703.asp or here http://en.wikipedia.org/wiki/Market_capitalization if you're not familiar with it. Edited to fully respond to the above: Sorry, but it was simply not implied anywhere that "all 13.6 million bitcoins are traded daily on the exchange". |
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ChartBuddy
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Activity: 2170
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 15, 2014, 05:00:40 PM |
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JimboToronto
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Activity: 4004
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You're never too old to think young.
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December 15, 2014, 05:12:20 PM |
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Good morning Bitcoinland. Not much changed since Saturday, I see. Pretty flat.  |
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empowering
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December 15, 2014, 05:37:40 PM |
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Good morning Bitcoinland. Not much changed since Saturday, I see. Pretty flat. Leave "Dave" alone.... |
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