ChartBuddy
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Activity: 2352
Merit: 1803
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 17, 2015, 07:57:13 AM |
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MonkeyCoin11
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June 17, 2015, 08:01:51 AM |
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Will it dump or do you think we can reach $255 today ?
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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June 17, 2015, 08:05:40 AM |
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Any PoS coin can be easily copied by others, so no big money will invest on it. Currently, with the huge hash power, only BTC cannot be copied overnight. That's the reason why most fund are invested on BTC related business.
It's not necessary to have a huge hashrate, because huge hashrate just isn't necessary when the main security threats lie in somewhere else. It's like having iron bars on your windows while your front door is still secured by linen cloth. Most of the BTC related businesses aren't only BTC related. They are related to cryptocurrencies in general, because most of these companies can offer the same services while quickly adopting new innovating cryptos. The owners of these companies and their investors know that the future is in the field of cryptocurrencies in general and this (r)evolution won't end with bitcoin. So the solution is to remove the monkey bars as well? Are you a programmer? Do you have an inkling on where the vulnerabilities lie in Bitcoin or are you just thinking hypothetically? Exactly! The solution is not to waste your money on putting up monkey bars if the main security question lies in somewhere else. Costs are never high enough if enough gain will come from these costs. But the costs of maintaining the bitcoin mining network are high enough to drag down the winning odds for the speculators, while offering very little in return. It just makes more sense to speculate on markets that have lower costs, while facing the same software security threats. I prefer to bet on people who can do the same thing but cheaper. Aaaahhhh.... So you don't really give a shit about cryptocurrencies. You're just a fucking leach trying to trick people out of their money? Now I get it! Well, good luck to you! |
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Master mind
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June 17, 2015, 08:08:13 AM |
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Will it dump or do you think we can reach $255 today ?
It all depends of the 800000 BTC instamine owner  |
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klee
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Activity: 1498
Merit: 1000
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June 17, 2015, 08:08:38 AM |
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sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo, sakujo
Japanese? Are you saying 'delete' or 'cancel'? Delete (eliminate) - 削除 https://www.youtube.com/watch?v=aPoQmytWvIQ |
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Mervyn_Pumpkinhead
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June 17, 2015, 08:09:44 AM |
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Aaaahhhh.... So you don't really give a shit about cryptocurrencies. You're just a fucking leach trying to trick people out of their money? Now I get it!
Well, good luck to you!
I find it amazing that one day cryptocurrencies could become practical financial tools. But till then, it's all a game. Some people will play the game and some people will be played by the game. |
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cyclotronmajesty
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June 17, 2015, 08:24:19 AM |
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Will it dump or do you think we can reach $255 today ?
heading that way now.... has a 500 coin wall to break though right at 255 but lookout for that cheap bit dust! |
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samson
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Merit: 1070
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June 17, 2015, 08:38:12 AM |
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The next bubble will be the bubble of altcoins. Those, who know what they're doing, have already positioned themselves under select altcoins.
The excitement and crazy gains will be in the alts. Bitcoin will slowly implode on the weight of it's wasteful mining network. Speculators will stay away from bitcoin for the same reason - the mining network just siphons too much speculator money from the market. Some corporate fools will try to keep the bitcoin hype going, but nobody will eventually care. Money has moved into the bitcoin market mainly because of speculation, and the odds are currently very bad for everyone, because it's not even a zero-sum-game anymore, it's a game where the speculators have to feed large mining farms whose contributions are marginal in return.
LMAO. Nearly every alt traded on btc38.com doubled in value over the last few days with reasonable volume. I always made good money out of Bitcoin but I made the real big gains on the alts a few years ago. |
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inca
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June 17, 2015, 08:42:10 AM |
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This is a bitcoin price watching thread on a bitcoin enthusiast forum.
Take your altcoin shilling elsewhere.
--
The slow rise continues supported by healthy bid side orderbooks. By my estimation we are within 15 dollars of the log downtrend line. Breaching into that zone could lead to some technical buying and an uncontrolled ascent.
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Morecoin Freeman
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June 17, 2015, 08:44:34 AM |
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I'm getting some indicators that this might be the end of the rally (~255).
Really interesting to see how this one unfolds since there are some serious buy walls in place.
Next 48 hours: CRITICAL AS FUCK.
Triple Top Bearish Reversal on 1hr? ... |
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inca
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Activity: 1176
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June 17, 2015, 08:50:56 AM |
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I'm getting some indicators that this might be the end of the rally (~255).
Really interesting to see how this one unfolds since there are some serious buy walls in place.
Next 48 hours: CRITICAL AS FUCK.
Triple Top Bearish Reversal on 1hr? ... You sold?  |
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Morecoin Freeman
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June 17, 2015, 08:53:10 AM |
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Yea I'm in USD.  I'm very hesitant about buying into a pump. |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 17, 2015, 08:57:12 AM |
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inca
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June 17, 2015, 08:59:25 AM |
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Yea I'm in USD. I'm very hesitant about buying into a pump. If you profited well played. I am looking for a much bigger move. We may not break through this time but taking 250 adds strength to the 160 bottom. Buying coins at 170 seems a distant memory! |
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soullyG
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June 17, 2015, 09:04:20 AM |
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BAM...back up to $255 - will we break through resistance? Tune in now to find out! |
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dakota neat
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June 17, 2015, 09:05:01 AM |
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what is this childish crap with flashing walls on bistamp anyway. some rich kid had to many squishees?
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Fatman3001
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Activity: 1526
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Make Bitcoin glow with ENIAC
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June 17, 2015, 09:05:09 AM |
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BAM...back up to $255 - will we break through resistance? Tune in now to find out! $256 |
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Norway
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June 17, 2015, 09:05:53 AM |
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Kaboom!
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Elwar
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Viva Ut Vivas
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June 17, 2015, 09:07:06 AM |
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I'm not a big fan of such a huge rally based on nothing.
While I believe the price should be closer to $400 I am skeptical of a 10+% rise out of nowhere.
If it is based on the Grexit thing (as Reuters claims) then that just leaves the price to go back down when they bail out Greece in the next week or so.
Regardless, I hope it stabilizes above $240 for a while putting a final nail in the bear market.
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Asrael999
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June 17, 2015, 09:07:10 AM |
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what is this childish crap with flashing walls on bistamp anyway. some rich kid had to many squishees?
If it was another market I would say it was someone working to hold the price down until the US got in but this is bitcoin so. I think it also possibly speaks to a lack of fiat on Bitstamp. |
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