Karartma1
Legendary
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Activity: 2310
Merit: 1422
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July 13, 2016, 07:56:32 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet...
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600watt
Legendary
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Activity: 2338
Merit: 2106
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July 13, 2016, 09:27:33 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet... price was between $200 and $300 for about a year until last november. price tripled in the last 10 months. some of the rise was maybe due to the anticipation of the halving, since it was known all along.
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craked5
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July 13, 2016, 09:29:31 AM |
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I'm back! Unfortunately I couldn't make it to the halving party. I hope you guys had a lot of fun. I think that the bitcoin price will never go under 650 ever again. The last chance to buy cheap coins was a couple of days ago.
Bah you didn't miss anything. It was just a big whole panicking and disapointing event ^^
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
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July 13, 2016, 09:41:37 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet... price was between $200 and $300 for about a year until last november. price tripled in the last 10 months. some of the rise was maybe due to the anticipation of the halving, since it was known all along. So you think that this is the 'real' price now, right ? Because the price already double tripled compared 10-11 months ago.
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yugo23
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July 13, 2016, 09:50:20 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet... price was between $200 and $300 for about a year until last november. price tripled in the last 10 months. some of the rise was maybe due to the anticipation of the halving, since it was known all along. So you think that this is the 'real' price now, right ? Because the price already double tripled compared 10-11 months ago. There is no real price of btc. A real price would mean the number of user is stable enough so their is not more demand than supply. It is not the case.
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Laosai
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July 13, 2016, 10:07:31 AM |
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Happy halving. Firefighters celebrating at work today Ahah! Thanks! Happy halving to you too, funny to see a btc cake though ^^
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
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July 13, 2016, 10:09:00 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet... price was between $200 and $300 for about a year until last november. price tripled in the last 10 months. some of the rise was maybe due to the anticipation of the halving, since it was known all along. So you think that this is the 'real' price now, right ? Because the price already double tripled compared 10-11 months ago. There is no real price of btc. A real price would mean the number of user is stable enough so their is not more demand than supply. It is not the case. You know what I meant, real price = miner farm can still continue to 'mine' bitcoin. With 500-600$ of the past months and the block reward of BTC25 they were in profit ... but now with BTC12,5 and ~600$ are they still in profit? I think yes, they are.
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matrix zion
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July 13, 2016, 10:16:52 AM |
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Yesterday a friend of mine was asking me: So now that the block reward is 12.5 BTC instead 25 BTC your BTC should have grown in terms of value? I said: Yes, now I own coins which value more in terms of production costs. My friend: Ok but waht about the value, is it higher? I replied: not yet... price was between $200 and $300 for about a year until last november. price tripled in the last 10 months. some of the rise was maybe due to the anticipation of the halving, since it was known all along. So you think that this is the 'real' price now, right ? Because the price already double tripled compared 10-11 months ago. There is no real price of btc. A real price would mean the number of user is stable enough so their is not more demand than supply. It is not the case. You know what I meant, real price = miner farm can still continue to 'mine' bitcoin. With 500-600$ of the past months and the block reward of BTC25 they were in profit ... but now with BTC12,5 and ~600$ are they still in profit? I think yes, they are. It would be considering that miners fix the price. Which is not right, because difficulty is here to balance the miners and the price you know
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mymenace
Legendary
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Activity: 1596
Merit: 1061
Smile
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July 13, 2016, 11:06:05 AM |
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lucky the price is $666 and not $0 that would be bad
waiting on those walls
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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July 13, 2016, 11:16:51 AM |
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The fact that the price keeps hanging at $666 so long means that the west has more control over price than the Chinese (at the moment). Chinese are not sitting there thinking...let's keep the price at $666 for some lolz.
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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July 13, 2016, 11:40:18 AM |
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lucky the price is $666 and not $0 that would be bad
waiting on those walls
$666 is not a great sign.. that's some illuminati banker luciferian shit right there. It keeps going back to that price for ages now. They're just taunting us. At least it gives time to keep accumulating. They won't be able to hold it there forever. Most likely an athiest early adopter. It is probably losing him money to troll Christians (which is the purpose of the athiest religion).
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DARKHOLDER
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July 13, 2016, 11:41:57 AM |
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Happy halving. Firefighters celebrating at work today It was delicious Hope btc go up to 800$.
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Bulgarian
Newbie
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Activity: 14
Merit: 0
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July 13, 2016, 11:48:05 AM |
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lucky the price is $666 and not $0 that would be bad
waiting on those walls
$666 is not a great sign.. that's some illuminati banker luciferian shit right there. It keeps going back to that price for ages now. They're just taunting us. At least it gives time to keep accumulating. They won't be able to hold it there forever. Most likely an athiest early adopter. It is probably losing him money to troll Christians (which is the purpose of the athiest religion). The purpose of the athiest religion is promote the Communism and the Homosexuality.
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dreamspark
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July 13, 2016, 11:53:13 AM |
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So you think that this is the 'real' price now, right ? Because the price already double tripled compared 10-11 months ago.
Who knows what the real price is, OTC markets use on exchange prices but exchanges dont show the real demand for BTC as its mainly traders passing the same % of coins backwards and forwards
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mOgliE
Legendary
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Activity: 1344
Merit: 1251
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July 13, 2016, 12:19:02 PM |
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Happy halving. Firefighters celebrating at work today It was delicious Hope btc go up to 800$. Don't hope to much! Be happy about what you got, a 650 is already seriously cool =D
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DARKHOLDER
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July 13, 2016, 12:28:08 PM |
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Don't hope to much!
Be happy about what you got, a 650 is already seriously cool =D
Actually Im already happy with that!
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BitCinderella
Newbie
Offline
Activity: 7
Merit: 0
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July 13, 2016, 12:29:03 PM |
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lucky the price is $666 and not $0 that would be bad
waiting on those walls
$666 is not a great sign.. that's some illuminati banker luciferian shit right there. It keeps going back to that price for ages now. They're just taunting us. At least it gives time to keep accumulating. They won't be able to hold it there forever. Most likely an athiest early adopter. It is probably losing him money to troll Christians (which is the purpose of the athiest religion). Don't fall for the cognitive dissonance psychology associated with the words 'conspiracy theory'. A majority of bitcoins are held by a small pool of people. Central banks waste $billions suppressing the gold price by short-selling gold derivatives. Don't just assume 100% that they don't have their dirty hands in the Bitcoin market as well. I hear they paid Satoshi to concoct a cunning "magic money machine, one that runs on nothing but greed and electricity."
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kobilica
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July 13, 2016, 12:34:27 PM |
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lucky the price is $666 and not $0 that would be bad
waiting on those walls
$666 is not a great sign.. that's some illuminati banker luciferian shit right there. It keeps going back to that price for ages now. They're just taunting us. At least it gives time to keep accumulating. They won't be able to hold it there forever. Most likely an athiest early adopter. It is probably losing him money to troll Christians (which is the purpose of the athiest religion). The purpose of the athiest religion is promote the Communism and the Homosexuality. Atheism is not religion, it's lack of religion. And Satanism (LaVeyan) is one form of atheism - it's actually quite rational.
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redsn0w
Legendary
Offline
Activity: 1778
Merit: 1043
#Free market
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July 13, 2016, 12:38:01 PM |
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Happy halving. Firefighters celebrating at work today It was delicious Hope btc go up to 800$. Don't hope to much! Be happy about what you got, a 650 is already seriously cool =D What about this cake? From the Boston halving party.
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gentlemand
Legendary
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Activity: 2590
Merit: 3015
Welt Am Draht
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July 13, 2016, 12:39:18 PM |
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Atheism is not religion, it's lack of religion.
And Satanism (LaVeyan) is one form of atheism - it's actually quite rational.
I am willing to pledge allegiance to Satan if He helps us lose this 666 fixation. It was fucking boring in 2014.
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