Ibian
Legendary
 Offline
Activity: 2268
Merit: 1278
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January 03, 2017, 11:45:35 PM |
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Jimbo, we must be looking at different bitcoinaverages. Getting 1036 here.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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January 03, 2017, 11:46:12 PM |
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Up, Up, UP !!! ...   |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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January 03, 2017, 11:46:56 PM |
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Here we go again... $1050USD at Bitcoinaverage. That's $1410CAD. another new ATH.
Yahoo.
Do you really feel it brother ? I don't know why we don't feel it amazing anymore :S !! |
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edgar
Legendary
Offline
Activity: 1848
Merit: 1001
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January 03, 2017, 11:52:18 PM |
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Lets see 1000GBP next!!
20 Billion, c'mon!!!
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gembitz
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January 03, 2017, 11:55:26 PM |
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We must be getting jaded.
It wasn't long ago that a rise half this size filled this place with GIFs of rockets, trains, moons and happening bunkers.
Now it's "ho hum".
" I have no doubt a Bitcoin will be worth $1 million USD. " ~ * news leak *  |
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PoolMinor
Legendary
Offline
Activity: 1843
Merit: 1338
XXXVII Fnord is toast without bread
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January 03, 2017, 11:56:52 PM |
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Btc-e almost $1000  |
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MinermanNC
Legendary
Offline
Activity: 2198
Merit: 1000
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January 03, 2017, 11:57:21 PM |
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I think many, including myself are in a bit of disbelief or afraid to pop the cork on a Champaign bottle... or post gifs etc. lol, I'm still in a little shock and wonderment as to why the demand/price has gone up as much as it has... but hey" we'll take it!  |
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AlexGR
Legendary
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Activity: 1708
Merit: 1049
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January 03, 2017, 11:57:29 PM |
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Lets see 1000GBP next!!
20 Billion, c'mon!!!
A better milestone would be 1% of gold's marketcap (Gold marketcap=7trn so 1% of that = 70bn)... price would be near $4444  |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4482
You're never too old to think young.
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January 03, 2017, 11:59:43 PM |
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Jimbo, we must be looking at different bitcoinaverages. Getting 1036 here.
https://bitcoinaverage.com/en/bitcoin-price/btc-to-cadHere's a detail from a screen shot:  It dropped a little from when I quoted it, but not much. I wonder what's happening. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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January 04, 2017, 12:01:06 AM |
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Ah, right. 1401 on that one now. |
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Ted E. Bare
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January 04, 2017, 12:07:52 AM |
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Lol Kraken EUR 1000 before BTC-E in dollar. Love it.
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toknormal
Legendary
Offline
Activity: 3066
Merit: 1188
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January 04, 2017, 12:11:42 AM |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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January 04, 2017, 12:18:40 AM |
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As if what they are trying to do, will cause any panic  |
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E
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January 04, 2017, 12:24:21 AM |
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From the Technology Review article: The structure of Bitcoin means that if a small number of users hold the majority of the currency, as is the case with these Chinese companies, then they are able to veto changes to the underlying technology.
/eyeroll |
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petahashminer
Legendary
Offline
Activity: 1890
Merit: 1037
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January 04, 2017, 12:25:34 AM |
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As if what they are trying to do, will cause any panic yes , sure they are trying to panic. panic BUY!! pathetic financial times |
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ImI
Legendary
Offline
Activity: 1946
Merit: 1019
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January 04, 2017, 12:26:05 AM |
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LOL, the mainstream-media praises BTC now since weeks and as soon as one or two critical articles appear: "propaganda measurements". The mass-media likes BTC (so far), deal with it. |
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Fakhoury
Legendary
Offline
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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January 04, 2017, 12:27:04 AM |
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As if what they are trying to do, will cause any panic yes , sure they are trying to panic. panic BUY!! pathetic financial times This. |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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January 04, 2017, 12:29:08 AM |
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I think many, including myself are in a bit of disbelief or afraid to pop the cork on a Champaign bottle... or post gifs etc. lol, I'm still in a little shock and wonderment as to why the demand/price has gone up as much as it has... but hey" we'll take it! Halving ... coins just dried up and demand stayed constant. It's baked into the algorithmic cake of bitcoin bubbliciousness. Market now needs to find a new equilibrium price point to balance new supply and demand, only thing it really knows is that equilibrium is higher than now. Then there's the other contributory effects that come into play during a rise like Veblen Good, monetary use premium, accelerated network effect, etc feeding into demand and retention of recycled supply (hoarding/saving). |
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boyshx
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January 04, 2017, 12:29:35 AM |
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1041 @bitfinex at this speed we are reaching the new ATH this month.
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4482
You're never too old to think young.
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January 04, 2017, 12:30:53 AM |
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Meanwhile, Tuesday ends (UTC) with a fine green candle.  That's 4 in a row with a start on a 5th. Another day, another green candle, another CAD/EUR ATH. Did someone say that we'd crash with the new year? LOL January has been pretty good so far. |
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