octaft
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January 11, 2015, 05:36:48 PM |
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if somone has 120btc do you think he become ever rich? (this is a serious question)
I don't know and no one else does. Serious answer. The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book. FTFY Kinda obvious that you're bagholding I understand it's hard kid, but try to BREATHE! Why would I say 20k-30k is bullshit if I were holding? Try to THINK!
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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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macsga
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Strange, yet attractive.
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January 11, 2015, 05:38:33 PM |
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Not those are rich who have much, but those who don't want much.
^^This. The rest is BS.
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Fatman3001
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Make Bitcoin glow with ENIAC
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January 11, 2015, 05:43:29 PM |
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Not those are rich who have much, but those who don't want much.
^^This. The rest is BS. Ok, but I don't speak Yoda.
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podyx
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Activity: 2338
Merit: 1035
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January 11, 2015, 05:44:52 PM |
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if somone has 120btc do you think he become ever rich? (this is a serious question)
I don't know and no one else does. Serious answer. The Winklevoss twins think Bitcoin might be worth $20k to $30k in the future. are talking their book. FTFY Kinda obvious that you're bagholding I understand it's hard kid, but try to BREATHE! Why would I say 20k-30k is bullshit if I were holding? Try to THINK! sorry, misread that
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NotLambchop
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January 11, 2015, 05:50:00 PM |
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Lowest price since stamp reopened.
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jackiedragon
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Crypto Future here i come
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January 11, 2015, 05:52:36 PM Last edit: January 11, 2015, 06:03:23 PM by jackiedragon |
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come on bitcoin you can do it Price Down, Pick Up! https://vid.me/kVhV
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cbeast
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Let's talk governance, lipstick, and pigs.
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January 11, 2015, 05:53:50 PM |
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I think the problem with the trolls here is not reading enough Dr. Seuss as children.
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GoWest
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January 11, 2015, 05:55:53 PM |
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This is the end... grab your ankles and count to ten.
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NotLambchop
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January 11, 2015, 05:56:28 PM |
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I think the problem with the trolls here is not reading enough Dr. Seuss as children.
Perhaps. The problem with permabulls is they've never read anything but
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cbeast
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Let's talk governance, lipstick, and pigs.
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January 11, 2015, 05:57:29 PM |
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I do not like altcoins and spam.
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roslinpl
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January 11, 2015, 05:57:58 PM |
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Funny part is that people seems to forgot, that Bitcoin price can double in less than month with not a big problem. We saw already many rallies. Worrying about low price is just waste of time. Sit back, relax. get money to buy more BTC. That's all.
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NotLambchop
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January 11, 2015, 05:58:24 PM |
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I do not like altcoins and spam.
I do not like that S__ _ __.
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podyx
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January 11, 2015, 05:59:02 PM |
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Holderbert
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January 11, 2015, 05:59:36 PM |
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most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 11, 2015, 06:00:06 PM |
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Bitfinex Bitstamp Explanation
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Holderbert
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January 11, 2015, 06:02:25 PM |
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I got another Bitcoin game: Guess which exchange promised to reopen in 48hrs and didn't. You have three guesses, Bitcoiners!
http://i62.tinypic.com/rlmb9s.jpgMake sure you all take 1 each day ^The way to go
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roslinpl
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January 11, 2015, 06:02:55 PM |
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most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future. That's not even a problem. Let them sell. Others will buy. I don't see a problem. People are selling Bitcoin every day. People are buying Bitcoin every day. People are dumping Bitcoins every day. And it will be like this till the end of the Bitcoin/World.
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gentlemand
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Welt Am Draht
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January 11, 2015, 06:05:25 PM |
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most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future. Depends. If their break even is met during what seems like a price explosion, then they're likely to be caught up in the mania and not sell. If it grinds slowly up for months then perhaps lots of rises will be dampened by people getting out. There's only so many though.
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Holderbert
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January 11, 2015, 06:06:46 PM |
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most post-bubble bagholders would sell as soon as they can break even if they could to get out of this mess
That's actually one of the bigger issues of the near future. That's not even a problem. Let them sell. Others will buy. I don't see a problem. People are selling Bitcoin every day. People are buying Bitcoin every day. People are dumping Bitcoins every day. And it will be like this till the end of the Bitcoin/World. Well those who would dump them are those would are not actually using the BTC but rather holding them to make profit and therefore don't really help btc grow.
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JorgeStolfi
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January 11, 2015, 06:07:39 PM |
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Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.
Independently of whether the Chinese exchanges are solvent or fake or whatever, I still believe that lots of coins (at least 500 000 BTC, perhaps a couple million) went from "Western" hand to Chinese hands last November. And I also believe that those coins have been coming back to the West since then (via arbitragers), as the Chinese are gradually losing interest in "bitcoin gambling". But the Chinese day-traders still have enough coins in the exchanges to set the price. And I believe that the price has been generally dropping since then (apart from the two mini-bubbles I mentioned earlier) because there aren't enough people in the West willing to buy those coins that the Chinese want to sell -- plus the 3600 coins that are mined each day, plus the unknow number of old cheap coins that early adopters may be cashing out. This chart shows that each day about 4 million bitcoin-days are destroyed, considering only coins that have not moved in the past year. That could man people moving 11'000 coins that were not moved for 1 year, or 5500 coins that were not moved by 2 years, etc. It is hard to interpret these numbers, because "coins moving" does not mean "coins changing hands". Even so, it seems quite possible that early adopters are cashing out 1000 BTC/day. In that case, the people who are starting or increasing their BTC holdings would have to give 270'000 US$/day to those early adopters, in addition to the 1 M US$/day they must give to the miners, in order to maintain the price.
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