DonQuijote
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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May 18, 2016, 10:56:18 AM |
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Just two months, halving is approaching.  What are your expectations?  Im waiting my friend |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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May 18, 2016, 11:11:15 AM |
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The Eth manipulator is going to be dumping long before giving DAO holders a chance to dump on him.
Ethereum (ETH) $13.28 ( 13.50%  ) Good God, this manipulator has bottomless pockets and no scruples! Help us, Brother roach, ur our only hope... Just when you thought it can't get any better -- it does! And what I like best about this is ETH is clearly being used for its intended purpose (which, incidentally, is not buying drugs and CP, as is the case with BTC), that's why it's experiencing natural, organic growth! Ethereum (ETH) $13.46 ( 15.00% ) Holy guacamole! Ethereum (ETH) $13.90 ( 19.10% ) I sold half at 0.031.. was a little quick for my taste  Hope to buy back more soon |
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Elwar
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 18, 2016, 11:16:03 AM |
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BTC looks sooo fucking weak right now and that only few weeks apart from Halving, not the best sign imo.
A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day. Imagine what happens when that number is cut in half. That's what I wanted to post. Low volume and we are able to hold the 450s without any problem. But we don't know if all of those daily new issued coins are getting sold to the market. For years the bears used the argument that "we need an influx of X dollars every day coming into Bitcoin to pay for the miners selling all their coins!" to instill the fear that the price is unsustainable. The reality early on was that most miners were hard core Bitcoin users that supported the idea of it. Now it is probably more of an investment vehicle. Either way, the inflation rate will decrease. I looked at the chart on BitWage and they are converting over $500k in fiat to bitcoins each month and growing. I suspect that by the halving date, there will be as many people converting their fiat paychecks to bitcoins via BitWage in one month as there are bitcoins mined in a day. |
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r0ach
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Activity: 1260
Merit: 1000
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May 18, 2016, 12:18:56 PM |
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After this Ethereum pumper fails, the DAO implodes, and the SEC investigation begins:  |
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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May 18, 2016, 12:22:33 PM |
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ok, now bought that half back for 0.029 .. now this is what I call fun  |
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Cassius
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Activity: 1764
Merit: 1031
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May 18, 2016, 12:51:21 PM |
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^^^ ETH down, BTC up is the pattern. ok, now bought that half back for 0.029 .. now this is what I call fun Um, oops? Or are you expecting another surge/double top? |
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marcus_of_augustus
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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May 18, 2016, 01:06:18 PM |
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just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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May 18, 2016, 01:20:04 PM
Last edit: May 18, 2016, 01:49:56 PM by Mervyn_Pumpkinhead |
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^^^ ETH down, BTC up is the pattern. ok, now bought that half back for 0.029 .. now this is what I call fun Um, oops? Or are you expecting another surge/double top? More like ETH up or down, BTC still the same or a 1% change if lucky pattern Not exactly "oops". Could have gotten it with 0.028, but I'm just a trader not an omnipotent seer I was expecting a quick surge back to 0.031 and gave it a 50/50 chance that it either breaks through or would have formed a double top. I now think that it will probably be a slower crawl back to 0.31 EDIT: Btw, kids don't do this at home (play these quick spikes and drops). They can be fun, but they are very unstable and could make you lose a lot in couple of hours if you lose your nerve. Still best to trade by making 1 or 2 maximum trades in 24h. These quick games can be very fun but dangerous  |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 18, 2016, 01:34:30 PM |
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just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers
Doge people were worse. The whole point of their alt was that it had a dog logo. |
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Mervyn_Pumpkinhead
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Activity: 876
Merit: 1000
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May 18, 2016, 01:41:01 PM |
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just when you thought there couldn't be anything more obnoxious than Ripple scamcoin pumper bots ... along came the poxy-faced, get-rich-quick, ether huffers
Doge people were worse. The whole point of their alt was that it had a dog logo. I didn't trade doge either. Not because I didn't like it, but because I didn't understand it. It feels easier to trade with things that have more technical advantages. Doge was a great example to others on how things like brand management or public relations should be done. The community will be much easier for newcomers if it's leaders are socially adequate. |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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May 18, 2016, 01:56:23 PM |
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Doge people were worse.
The whole point of their alt was that it had a dog logo.
Really? I don't particularly remember that. It was clear to everyone it had nothing new to offer other than a decent amount of fans which is all that counts ultimately. At least they were cheerful most of the time. |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 18, 2016, 02:45:57 PM |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2016, 02:52:45 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 18, 2016, 02:54:51 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
Again we approach a narrowing triangle that will happen on a Friday that I get paid... all the other times that happened, the price goes up |
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Tzupy
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Activity: 2128
Merit: 1074
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May 18, 2016, 02:59:40 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
Some early adopter has a different opinion...   |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2016, 03:06:59 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
Some early adopter has a different opinion... wowzers very old coins on the move. crash back to 420 imminent time is soon ready your fiat! |
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TooDumbForBitcoin
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Activity: 1638
Merit: 1001
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May 18, 2016, 03:16:07 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
you post on bitco.in/forum anymore? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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May 18, 2016, 03:17:49 PM |
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spike back to 460 imminent
I got a feeling
time is now
buy or die
you post on bitco.in/forum anymore? not for a few weeks... |
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ImI
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Activity: 1946
Merit: 1019
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May 18, 2016, 03:52:58 PM |
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BTC looks sooo fucking weak right now and that only few weeks apart from Halving, not the best sign imo.
A stable price is a great thing. It shows that we can hold the $450s no problem, even with over $1.6 million in mined coins being sold each day. Imagine what happens when that number is cut in half. Very good point indeed. Halving effect is even stronger in a market with very low volume. |
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