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barbs
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March 05, 2016, 03:02:29 PM |
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Bottom reached? Hope to see $360
I'll buy again under 200. I doubt this will happen. I even doubt sub 370. My view has always been the whales need to get diluted before this ship is going anywhere. I feel like they're finally now starting to feel the burn and my popcorn is ready. |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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March 05, 2016, 03:03:05 PM |
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that's the result of core refusing to officially accept the 2017 HF.
lets see at which price-level minds are changing...
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podyx
Legendary
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Activity: 2338
Merit: 1035
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March 05, 2016, 03:05:27 PM |
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Almost looks like bitcoin is about to lose it's first-mover advantage pretty soon  |
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olli
Member
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Activity: 89
Merit: 10
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March 05, 2016, 03:06:31 PM |
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holy shit wtf is going on?
Market Cap is downsized to match 1MB block economy. |
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8up
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March 05, 2016, 03:07:32 PM |
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that's the result of core refusing to officially accept the 2017 HF.
lets see at which price-level minds are changing...
They are too peacocky to acknowledege that. They instead will tell you, that they knew from the start, that bitcoin was set up to fail. (wrong incentives, immature use cases e.g. spam,...) |
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julian071
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March 05, 2016, 03:10:33 PM |
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I have the feeling this can get really messy. Bitcoin has had a lot of time to evolve but it hasn't. The future is not looking very promising, and a promising future is the only reason to invest in a crypto of which the main purpose is a store of value (and not buying cups of coffee).
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barbs
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March 05, 2016, 03:13:09 PM |
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i mean come on guys the way the market moves in spikes one way or another, with support / asks being appropriately placed immediate after at specific prices.. why are we kidding ourselves. That's not a market that's a casino. This is about 1500 people wrestling back and forth for profits, with 20 or so people actually moving the market.
The support on bit stamp to 370 is completely fake.
The whole fucking thing is fucked and I'm tired of it. Sorry.
FYI i sold at 415 and didnt buy back in despite the run up to 440 and I'm keeping 1 BTC in my wallet and thats it for me in terms of putting money into this anymore.
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BlackSpidy
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March 05, 2016, 03:17:38 PM |
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Gah! Fucking bitstamp. You just had to bounce off of $382, not $380. Well, at least I managed to move that money to buy at $391. We'll see how that plays out. I think that's the last of this weekend's dump. My guess is that we'll be back on $410 soon enough.
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ImI
Legendary
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Activity: 1946
Merit: 1019
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March 05, 2016, 03:19:53 PM |
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that's the result of core refusing to officially accept the 2017 HF.
lets see at which price-level minds are changing...
They are too peacocky to acknowledege that. They instead will tell you, that they knew from the start, that bitcoin was set up to fail. (wrong incentives, immature use cases e.g. spam,...) if price keeps dropping miners will switch to 2MB very soon |
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ahpku
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March 05, 2016, 03:21:22 PM |
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My guess is that we'll be back on $410 soon enough.
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if price keeps dropping miners will switch to 2MB very soon
It's a paradox: If the price keeps dropping (the big exodus), there'll be no point in mining 2MB blocks  |
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rebuilder
Legendary
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Activity: 1615
Merit: 1000
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March 05, 2016, 03:23:55 PM |
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The halving will certainly put the miners' faith in Core's roadmap to the test. If BTC price doesn't rally to compensate, miners will be forced to decide what policies will lead to the highest profits for them. Some will likely go bust anyway.
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Raja_MBZ
Legendary
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Activity: 1862
Merit: 1505
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March 05, 2016, 03:27:43 PM |
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Price of BTC will go down till end of March, will reach somewhat like $350... But then will go up till $500 again till end of April... Just a prediction though!  |
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8up
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March 05, 2016, 03:30:52 PM |
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My guess is that we'll be back on $410 soon enough.
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if price keeps dropping miners will switch to 2MB very soon
It's a paradox: If the price keeps dropping (the big exodus), there'll be no point in mining 2MB blocks It's almost funny how few people/miners are able to comprehend this. Maybe it's time to give the Darwin Award to bitcoin miners. |
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Andre#
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March 05, 2016, 03:32:00 PM |
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holy shit wtf is going on?
Users are losing confidence, and vote with their feet. |
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Andre#
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March 05, 2016, 03:32:53 PM |
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holy shit wtf is going on?
We're downsizing. Downsizing the price so it will fit in 1 MB blocks. |
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Andre#
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March 05, 2016, 03:38:40 PM |
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My guess is that we'll be back on $410 soon enough.
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if price keeps dropping miners will switch to 2MB very soon
It's a paradox: If the price keeps dropping (the big exodus), there'll be no point in mining 2MB blocks Don't worry, once miners switch to Classic, most of that money will flow back again. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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March 05, 2016, 03:40:31 PM |
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I think what will bite multiple asses is that the folks at the tiller really seem to have a giant blind spot regarding the fact there are hundreds of thousands of other humans involved.
Said other humans are greedy, fearful, sometimes easily led and not all that rational.
They're like a herd of slightly dim cud chewers prone to fright then flight.
All the tech prowess in the world and what our overlords think is reasoning won't stop that if an idea sticks in their head that isn't extinguished. Am i one of them? Probably.
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Divitiae miserae
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March 05, 2016, 03:40:53 PM |
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lol, everyone is leveraged long on the ineffable coin on Kraken, margin trading buttons are greyed out.
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Morecoin Freeman
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March 05, 2016, 03:40:57 PM |
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The selling was very excessive, yes.
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MinermanNC
Legendary
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Activity: 2198
Merit: 1000
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March 05, 2016, 03:41:38 PM |
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The halving will certainly put the miners' faith in Core's roadmap to the test. If BTC price doesn't rally to compensate, miners will be forced to decide what policies will lead to the highest profits for them. Some will likely go bust anyway.
You nailed it! was having that exact conversation with a friend a few days ago  BTC will have to rally or else........ |
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