rpietila
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Activity: 1722
Merit: 1036
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January 14, 2015, 11:47:48 PM |
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I listed my castle for sale. If I manage to flip now, even at a slight fiat loss, I would have gained 3x the bitcoins in a year. Decent trade, huh?
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arvindr
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January 14, 2015, 11:48:22 PM |
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The US Marshall auction , sometime in the next 2-3 months would affect the price even more, if any of the buyers decide to sell.
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JorgeStolfi
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January 14, 2015, 11:49:02 PM |
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"99% (including Chinese day-traders, blah, blah, blah)" DON'T MATTER - only the MINERS matter in defining the Bitcoin protocol - and the miners DO know that changing the protocol at the whim of of anyone who promised to buy a lot would render the coin valueless.
Well, it seems that we have very different views about the motivations and ideologies of miners and other players. I don't know how we could resolve this difference, so let's leave it at that. However, note that a large fraction of the miners are Chinese; that the Chinese may not have much trust in bitcoin as the currency of the internet; and that miners, more than any other bitcoiners, cannot plan much beyond a 2-year horizon, because their equipment quickly becomes uncompetitive due to improvements in the energy efficiency.
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NotLambchop
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January 14, 2015, 11:49:11 PM |
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BTC is only 50x my entry price (about 3 years ago). Like now, that was a major bottom. Should I buy more? Thoughts?
Risto asking Wall Observer for advice !?!? we must've hit the bottom He's also selling off his derelict building in some god-forsaken backwater castle
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fcmatt
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Activity: 2072
Merit: 1001
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January 14, 2015, 11:49:21 PM |
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I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
i still remember those days... and mining with ATI Cards 2 BTC / Day !!!! I sold my last coins to buy a chanel purse and wallet for my girl friend. That has been paying serious dividends in bed, let me tell you.
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 14, 2015, 11:49:48 PM |
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I feel like I'm in a time machine. Every hour is like a day at finex. As well as this thread.
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aztecminer
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Activity: 1092
Merit: 1000
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January 14, 2015, 11:49:52 PM |
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this smash down has to be stolen coins being dumped.
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samsonn25
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January 14, 2015, 11:50:03 PM |
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I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
i still remember those days... and mining with ATI Cards 2 BTC / Day !!!! I sold my last coins to buy a chanel purse and wallet for my girl friend. That has been paying serious dividends in bed, let me tell you. Nice
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samson
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Activity: 2097
Merit: 1070
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January 14, 2015, 11:50:18 PM |
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I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
I said about 18 months ago that I think $20 is a good and fair price. I still stand by that comment.
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Eamorr
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January 14, 2015, 11:51:57 PM |
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China awakens. In about an hour...
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ivyleague1985
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Activity: 56
Merit: 0
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January 14, 2015, 11:53:10 PM |
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this smash down has to be stolen coins being dumped.
No, stamp is using bots to press down the price.
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samsonn25
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January 14, 2015, 11:53:43 PM |
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I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
i still remember those days... and mining with ATI Cards 2 BTC / Day !!!! When I learned about bitcoin underground it was trading in chat rooms for .50 to .60 but in open market by traders was like $3-$5 and at that time wallets were harder to get just to hold them. When I learned to mine when btc was $6-8 I was using the wrong gpu, grforce instead of ati. 5870 were hot back then
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 14, 2015, 11:53:55 PM |
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China awakens. In about an hour... I hope they have the munchies for coins. But I expect Panda poo.
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JamesBrown
Member
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Activity: 98
Merit: 10
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January 14, 2015, 11:54:08 PM |
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Been spending some time browsing the forum ITT: Everyone started believing the bears and shorted. Price rallying on low volume and people are worried for their shorts. This is called Denial So even panic -> surrender -> And optimism Panic? No chance. It could drop to 40 and I would count my Bitcoins the bubble in 2011 was very strange ... 1. first continuous decline 2. then a big fall 3. bounce up a a big disappointment 4. next fall 5. finally capitulation and the largest sales on the bottom I hope that people will be clever this year! I cann't believe he kept the coins from $ 30 to $ 7 and most people sold for $ 5-6 ...
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cbeast
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 14, 2015, 11:54:30 PM |
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this smash down has to be stolen coins being dumped.
No, stamp is using bots to press down the price. Hey, what do you want for free?
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samsonn25
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January 14, 2015, 11:55:02 PM |
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I am a buyer at $3 USD a bitcoin. I feel comfortable with that. I would buy a 100.
I said about 18 months ago that I think $20 is a good and fair price. I still stand by that comment. $10-15 would be fun to use it actually for its intended purpose. A few hundred million market cap for an experiment is feesible
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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January 14, 2015, 11:55:07 PM |
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yesterday we hit a new daily volume record on finex, today we doubled that new record.
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JorgeStolfi
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January 14, 2015, 11:55:55 PM |
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And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. That is a mistranslation; the Aramaic original said "the private key, or the passphrase, or the 2FA of his account".
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Eamorr
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January 14, 2015, 11:56:43 PM |
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China awakens. In about an hour... I hope they have the munchies for coins. But I expect Panda poo. I wouldn't be so flippant about China. China are the ones with the most clout in this panic. See here: http://bitcoincharts.com/charts/volumepie/
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Xer0
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January 14, 2015, 11:58:10 PM |
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And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. That is a mistranslation; the Aramaic original said "the private key, or the passphrase, or the 2FA of his account". haha, g1
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