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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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ChartBuddy
Legendary
 Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 20, 2014, 11:00:32 PM |
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kenji
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December 20, 2014, 11:32:16 PM |
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Omikifuse
Legendary
Offline
Activity: 1750
Merit: 1009
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December 20, 2014, 11:46:06 PM |
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I see we are preparing for a rise next week.
Buy while you can
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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December 20, 2014, 11:56:50 PM |
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bitcoin will go to the mooon soon  bought another 20btc  Don't forget to take some profits on the way up, leave some coins for us little guys, sheesh  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 21, 2014, 12:00:32 AM |
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pjviitas
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December 21, 2014, 12:06:52 AM |
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There is absolutely nothing on the one week charts that would indicate that BTC is going anywhere except double digits.
Now there might be a bunch a traders out there that can make a bunch of money off the bagholders on the way down but the chickens are coming back to roost on BTC value.
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 21, 2014, 12:19:27 AM |
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CCM.....
I'm not falling for that one again....
Not getting excited until 500s!
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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December 21, 2014, 12:42:31 AM |
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CCM.....
I'm not falling for that one again....
Not getting excited until 500s!
Heh, I'm not getting excited until 5,000s Or double digits, lol  |
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minerpumpkin
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December 21, 2014, 12:44:43 AM |
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I'll get truly excited when we hit $700. Although approaching $500 would be nice for a change, still. I'm not getting my hopes up too high this time, either... It may be just another bounce, for all we know. Or maybe the last time we see $300 - ever. We simply can't be certain, this is how markets are...
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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December 21, 2014, 12:47:14 AM |
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CCM.....
I'm not falling for that one again....
Not getting excited until 500s!
Heh, I'm not getting excited until 5,000s Or double digits, lol Surpassing the last ATH has always meant going much higher in the past so that's what I would get excited about. 1163 FTW!!! [edit] Of course there is the possibility that this time could be different. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 21, 2014, 01:00:33 AM |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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December 21, 2014, 01:15:56 AM |
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tl;dr: Miner’s main output is a secure network, apps will be the main driver of bitcoin’s price, speculators are healthy, and volatility should not be feared. But what about the idiot traders?  |
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ensurance982
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December 21, 2014, 01:17:07 AM |
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Up Up all buy  Keep calm! I for one am pretty content with this slow run. I'm sick and tired of those manias lasting 2 days and resulting in a slow and painful bleeding back to old (and possibly lower) price levels. 2013 also saw a slow but steady recovery back from, what was it, $60? |
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silverfuture
Legendary
Offline
Activity: 947
Merit: 1008
central banking = outdated protocol
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December 21, 2014, 01:18:31 AM |
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tl;dr: Miner’s main output is a secure network, apps will be the main driver of bitcoin’s price, speculators are healthy, and volatility should not be feared. But what about the idiot traders? They like to dump |
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octaft
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December 21, 2014, 01:52:27 AM |
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tl;dr: Miner’s main output is a secure network, apps will be the main driver of bitcoin’s price, speculators are healthy, and volatility should not be feared. But what about the idiot traders? They like to dump Don't forget they are the worst kind of person. Oh, and scum, scum is very important. |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 21, 2014, 01:52:38 AM |
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come on bulls. give us a little magic to close 2014 with.
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