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peonminer
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December 16, 2015, 07:13:25 PM
Last edit: December 16, 2015, 07:44:16 PM by peonminer |
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Watch out for that bear trap. Total FOMO engage.  Get rekt bearz |
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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aztecminer
Legendary
 Offline
Activity: 1092
Merit: 1000
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December 16, 2015, 07:13:41 PM |
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fed raised rates. .. we will see what happens.
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DrShell
Newbie
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Activity: 6
Merit: 0
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December 16, 2015, 07:15:16 PM |
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The shorties got kicked out, rocket ready to launch  At least that's what the graphs look like to me  |
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ghandi
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December 16, 2015, 07:16:25 PM |
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What a rebound  |
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spooderman
Legendary
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Activity: 1638
Merit: 1022
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December 16, 2015, 07:17:17 PM |
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so now that dollars are more attractive people sell them for bitcoins immediately?
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TERA
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December 16, 2015, 07:18:43 PM |
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Hunyadi
Legendary
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Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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December 16, 2015, 07:19:40 PM |
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so now that dollars are more attractive people sell them for bitcoins immediately?
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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December 16, 2015, 07:21:03 PM |
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so now that dollars are more attractive people sell them for bitcoins immediately?
The dollar isn't going to increase five fold in value because of a 0.25% rate hike. |
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peonminer
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December 16, 2015, 07:23:21 PM |
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so now that dollars are more attractive people sell them for bitcoins immediately?
The dollar isn't going to increase five fold in value because of a 0.25% rate hike. itcoin will.  |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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December 16, 2015, 07:23:58 PM |
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so now that dollars are more attractive people sell them for bitcoins immediately?
The dollar isn't going to increase five fold in value because of a 0.25% rate hike. itcoin will. Yup, yup! |
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DrShell
Newbie
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Activity: 6
Merit: 0
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December 16, 2015, 07:24:25 PM |
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I can't post pictures because I'm a newbie.
But look at the EUR-USD Chart, doesn't it look exactly like the BTC/USD chart ? (same curve kinda ...)
EUR dipped than returned in an instant ...
Will be a nice rollercoaster tru the night ...
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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December 16, 2015, 07:28:15 PM
Last edit: December 16, 2015, 07:41:33 PM by r0ach |
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Interest rate hike is bullish for Bitcoin. All excess liquidity from 0% interest went to stock buybacks creating a bubble in that market. It did not create a bubble in Bitcoin. Bitcoin was in a bear market the entire time from Gox.
Stocks imploding when liquidity is removed means investors have to leave that market and go to a new one to try and increase or preserve their wealth. They aren't going to put everything in a bank and make nothing while also having faith in banks at an all time low.
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Divitiae miserae
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December 16, 2015, 07:30:49 PM |
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I can't post pictures because I'm a newbie.
But look at the EUR-USD Chart, doesn't it look exactly like the BTC/USD chart ? (same curve kinda ...)
EUR dipped than returned in an instant ...
Will be a nice rollercoaster tru the night ...
Price movements in Kraken follow a more conservative - sometimes anxious - path. Now Moon. |
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TERA
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December 16, 2015, 07:38:41 PM |
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The fed decision probably has little impact in either direction since btc is global and since it's more driven by technological adoption than traditional investing, and 0.25% probably isn't breaking the bank for anyone.
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peonminer
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December 16, 2015, 07:41:37 PM |
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Battle for middle earth activate  |
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TERA
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December 16, 2015, 07:44:12 PM |
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That's the first time I ever used the ignore feature
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Holliday
Legendary
Offline
Activity: 1120
Merit: 1009
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December 16, 2015, 07:50:24 PM |
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That's the first time I ever used the ignore feature
You must be new here. |
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spooderman
Legendary
Offline
Activity: 1638
Merit: 1022
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December 16, 2015, 07:54:26 PM |
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Holliday where have you been? |
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