ChartBuddy
Legendary
 Offline
Activity: 2576
Merit: 2210
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 04, 2015, 04:00:12 PM |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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January 04, 2015, 04:00:36 PM |
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I love it how they say that PoW is centralized so it keeps the price down, then they say when the price goes down they turn off their miners. Seems legit.
I don't know why, but this made me laugh. Btw, it's like minus 40 where I'm at right now, my miners are going full blast! |
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findftp
Legendary
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Activity: 1022
Merit: 1012
Delusional crypto obsessionist
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January 04, 2015, 04:01:24 PM |
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I'm scared. Hodl me.
it is going down to the $1xx's at least... probably at least a few months of stagnation, companies going out of business, people smashing their AntMiners with sledge hammers or burning them in bonfires to stay warm Hahaa yeah I think that's a definite possibility. All I know is at some point this falling wedge will break up and hopefully I catch it near the reversal.  yup, but keep in mind that even after the break upward there will almost always be a retest of the bottom. you can see that in the $30 to $2 correction, one month after the low, the price dumped to within a few cents of the low. so might as well be patient. True, but this time it's different  Less insecurity about bitcoins future, more adoption, more tech, more companies, etc. Maybe we will not go as low as 2011 (relatively) |
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droptable
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January 04, 2015, 04:02:07 PM |
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It's party time for all the Bitcoin haters I see.
i think a lot of people dont understand that BTC is the Reserve currency for the whole cryptoCurrency-szene.... |
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findftp
Legendary
Offline
Activity: 1022
Merit: 1012
Delusional crypto obsessionist
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January 04, 2015, 04:02:19 PM |
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Look, a wave of blood flowing onto the beach. |
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premium_domainer
Legendary
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Activity: 1764
Merit: 1012
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January 04, 2015, 04:02:24 PM |
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it is going down to the $1xx's at least... probably at least a few months of stagnation, companies going out of business, people smashing their AntMiners with sledge hammers or burning them in bonfires to stay warm
 it will never happen  |
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NotLambchop
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January 04, 2015, 04:03:37 PM |
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A pump right now would certainly mix shit up a bit & add to the general hilarity.
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Dump3er
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January 04, 2015, 04:04:14 PM |
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Oh wait, it's only down about 15% in 2 days.
Lmao. Only 15 % in 2 Days!! Some guys here are losing touch with the reality. |
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kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
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January 04, 2015, 04:05:17 PM |
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welcome to the new economy fellow pioneers New economy fellow pioneers? What do you mean? N E M  |
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sase007
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January 04, 2015, 04:05:25 PM |
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Oh wait, it's only down about 15% in 2 days.
Lmao. Only 15 % in 2 Days!! Some guys here are losing touch with the reality. Oh... |
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btcney
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January 04, 2015, 04:05:36 PM |
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maranello1561
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January 04, 2015, 04:05:42 PM |
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LOL. Bitcoin is a store of value ... Cant believe we all actually fell for that. The jokes actually on us. Good one Satoshi, good one.
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NotLambchop
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January 04, 2015, 04:06:12 PM |
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Oh wait, it's only down about 15% in 2 days.
Lmao. Only 15 % in 2 Days!! Some guys here are losing touch with the reality. That's JimboToranto. Of the $10k BTC fame. |
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pjviitas
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January 04, 2015, 04:07:01 PM |
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Next stop...$9.50...I will start thinking about buying around then.
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DonQuijote
Legendary
Offline
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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January 04, 2015, 04:08:01 PM |
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Oh wait, it's only down about 15% in 2 days.
Lmao. Only 15 % in 2 Days!! Some guys here are losing touch with the reality. only 15% ?? ONLY  You must be proBTC you are no realistic now... return to the real world |
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JimboToronto
Legendary
 Online
Activity: 4396
Merit: 5539
You're never too old to think young.
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January 04, 2015, 04:08:19 PM |
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Wandererfromthenorth
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January 04, 2015, 04:08:26 PM |
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In a few weeks perma-bulls be like: "haha bear trolls BTC price is still at $50! more than X500 since its inception!!! already going for $65 prepare for moonshot  " |
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samsonn25
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January 04, 2015, 04:09:50 PM |
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LOL. Bitcoin is a store of value ... Cant believe we all actually fell for that. The jokes actually on us. Good one Satoshi, good one.
I believe this. Now is it a Louis Viton wallet or a Levis Dockers wallet type. lol |
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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January 04, 2015, 04:09:59 PM |
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I'm scared. Hodl me.
it is going down to the $1xx's at least... probably at least a few months of stagnation, companies going out of business, people smashing their AntMiners with sledge hammers or burning them in bonfires to stay warm Hahaa yeah I think that's a definite possibility. All I know is at some point this falling wedge will break up and hopefully I catch it near the reversal. yup, but keep in mind that even after the break upward there will almost always be a retest of the bottom. you can see that in the $30 to $2 correction, one month after the low, the price dumped to within a few cents of the low. so might as well be patient. True, but this time it's different Less insecurity about bitcoins future, more adoption, more tech, more companies, etc. Maybe we will not go as low as 2011 (relatively) yes true, but on the other hand, those companies have burdensome AML/KYC regulatory costs. and besides regulatory costs there are the normal corporate overhead costs that one does not have in a true peer-2-peer economy. bitcoin was created to avoid traditional payment processor / payment network costs, and i think all these VCs are going to have to learn the hard way that you can't turn a fork into a spoon. i actually have been hoping for this scenario to unfold so that the downward price action gets miners thinking about the developers behind the bitcoin code, and the fact the market is clearly dissatisfied with the level of service provided by the network (10 minute transaction times for example). not sure if it will happen but this thing will not grow if it can't properly scale. |
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