gembitz
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February 23, 2017, 03:49:52 AM |
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So I guess these Bitcoins are still a thing. That's good. I actually had somebody say almost exactly that in a bar recently. I was wearing a BTC baseball cap and someone asked if it was a Boston Bruins cap. When I said no it's Bitcoin, he asked, "Oh, are Bitcoins still a thing?". He seemed surprised when I told him they'd been worth over a thousand dollars each for a couple of months now. Most people still don't have a clue. When you tell them about it, it either goes in one ear and out the other, or they forget almost immediately. ^i know my buddy was like what i had 70 million dollas in coins lol :-D
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cmacwiz
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February 23, 2017, 04:55:54 AM |
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$2017 street price* btc people on the street are buying!!! :-D I feel really sorry for that hopefully single individuum having sold for 0.002 - still trying to bit his own ass. ^mazacoin bitcoin dev begging for donations! :-D look up his facebook! wow I really wished that Native Americans became a powerful sovereign state via the Mazacoin/crypto. How funny would that be!
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MNDan
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February 23, 2017, 06:02:06 AM |
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On the other hand, a higher transaction fee (which is actually not that high) does make people think twice before moving small amounts to exchanges in order to dump them. If you consider Bitcoin a store of value, I think its working quite well.
For smaller amounts or buying your cup of coffee, use Monero as suggested by Dafar.
This shit has to become transparent at some point...
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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February 23, 2017, 07:46:56 AM |
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So I guess these Bitcoins are still a thing. That's good. I actually had somebody say almost exactly that in a bar recently. I was wearing a BTC baseball cap and someone asked if it was a Boston Bruins cap. When I said no it's Bitcoin, he asked, "Oh, are Bitcoins still a thing?". He seemed surprised when I told him they'd been worth over a thousand dollars each for a couple of months now. Most people still don't have a clue. When you tell them about it, it either goes in one ear and out the other, or they forget almost immediately. Bring them all to your funky Canadian ATMs, exchange some paper money and buy them a beer. Then they will never forget unless you make them drunk. Seriously guys, what is this silly fascination with Bitcoin's ATH? Who cares? You guys need to dream bigger, and more long term. I second you on that, I don't care about any ATH. This is still very low for my standards
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Ted E. Bare
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February 23, 2017, 08:54:44 AM |
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Here we go again. Buying all the coins.
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HanvanBitcoin
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February 23, 2017, 09:18:57 AM |
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Knock, Knock! Who's there? Its the ATH knocking at your door BTC BTC
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phr33
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February 23, 2017, 09:42:37 AM |
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Knock, Knock! Who's there? Its the ATH knocking at your door BTC BTCWelcome!
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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February 23, 2017, 09:44:54 AM |
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So I guess these Bitcoins are still a thing. That's good. I actually had somebody say almost exactly that in a bar recently. I was wearing a BTC baseball cap and someone asked if it was a Boston Bruins cap. When I said no it's Bitcoin, he asked, "Oh, are Bitcoins still a thing?". He seemed surprised when I told him they'd been worth over a thousand dollars each for a couple of months now. Most people still don't have a clue. When you tell them about it, it either goes in one ear and out the other, or they forget almost immediately. They've probably been making hand over fist money in real estate. It's been blowing gold all over town.
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soullyG
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February 23, 2017, 11:23:25 AM |
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Next 24 hours are critical?
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HI-TEC99
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Activity: 2772
Merit: 2846
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February 23, 2017, 11:28:47 AM |
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Stamp's now at $1148 for the first time in years, only $15 short of Bitstamp's ATH. How long until it's at over $1200? My guess is before the end of February.
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steelboy
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February 23, 2017, 11:59:44 AM |
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This is just a joy to watch.
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spiderbrain
Legendary
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Activity: 889
Merit: 1013
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February 23, 2017, 12:05:03 PM |
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The question is: what will this silly graphic at bitcoinity be when the ATH breaks?
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becoin
Legendary
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Activity: 3431
Merit: 1233
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February 23, 2017, 12:11:07 PM |
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Voracious appetite for bitcoins. We're near the point when sellers will suddenly stop selling at once and price could easily double within a day!
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spiderbrain
Legendary
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Activity: 889
Merit: 1013
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February 23, 2017, 12:12:43 PM |
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Those big fake sell walls just past the ATH are hilarious.
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yefi
Legendary
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Activity: 2842
Merit: 1511
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February 23, 2017, 12:14:27 PM |
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This is just a joy to watch. It's an invigorating feeling watching it creep up to within a hair of its ATH on Stampy. After all these years we've persevered, finally the time appears to have come...
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Denker
Legendary
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Activity: 1442
Merit: 1016
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February 23, 2017, 12:15:06 PM |
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Bitstamp fomoing? 1155USD! Looks like the old ATH can be crashed today already with a bit more of steam. Kraken also close to create another new ATH. Exciting day so far. But I'm not sure about the actual situation.Look at the weekly chart and that massive green candle we see at the moment. There will be some correction coming imo.
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tabnloz
Legendary
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Activity: 961
Merit: 1000
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February 23, 2017, 12:39:43 PM |
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We're about to push through the ATH across all exchanges and Yahoo publishes this: https://uk.finance.yahoo.com/news/the-biggest-bitcoin-crashes-in-the-last-10-years-120942554.html?soc_src=social-sh&soc_trk=twNot only is typical of financial media but what really irks me is this paragraph heading "Bitcoin value is volatile"Note of course instead the volatility compared to upside risk. As written by Reggie Middleton regarding Credit Suisse bitcoin v oil analysis: " volatility is not the enemy. The enemy is downside risk. When you strip out upside movements, which is what we all really want, Bitcoin only has .15x more downside risk than oil. Wait! I'm not finished yet. Remember, we need to look at both sides of the risk/reward equation. When comparing the upside, BTC has 203x the average excess return of WTI crude oil. To be clear, .15x more downside risk, and 203x more upside." But in the end, this ignorance and inability to present something honestly is the reason bitcoin flies under the radar and we are all a part of it.
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spiderbrain
Legendary
Offline
Activity: 889
Merit: 1013
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February 23, 2017, 12:45:59 PM |
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We're about to push through the ATH across all exchanges and Yahoo publishes this: https://uk.finance.yahoo.com/news/the-biggest-bitcoin-crashes-in-the-last-10-years-120942554.html?soc_src=social-sh&soc_trk=twNot only is typical of financial media but what really irks me is this paragraph heading "Bitcoin value is volatile"Note of course instead the volatility compared to upside risk. As written by Reggie Middleton regarding Credit Suisse bitcoin v oil analysis: " volatility is not the enemy. The enemy is downside risk. When you strip out upside movements, which is what we all really want, Bitcoin only has .15x more downside risk than oil. Wait! I'm not finished yet. Remember, we need to look at both sides of the risk/reward equation. When comparing the upside, BTC has 203x the average excess return of WTI crude oil. To be clear, .15x more downside risk, and 203x more upside." But in the end, this ignorance and inability to present something honestly is the reason bitcoin flies under the radar and we are all a part of it. Wow, that article is utter nonsense. A history of crashes between $1 and $1100 ...?
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Ted E. Bare
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February 23, 2017, 12:50:23 PM |
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Apart from 2014, the bitcoin price is increasing dramatically every year. Absolutely crap media.
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Its About Sharing
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Activity: 1442
Merit: 1000
Antifragile
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February 23, 2017, 12:50:51 PM |
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https://tradeblock.com/bitcoin/1.2 Million BTC in motion, $1.35 billion worth. 112k transactions 64.5MB, will take 10.75 hours to clear assuming now new transactions (good luck with that) The market could easily overheat here if people can't move their coins to the exchanges to cool it off. But transactions per second is at 4, which is within BTC's ability. I see the 60mb figure, but how are they conflicting? (Yeah, I don't get this) Thanks in advance for an explanation. BTW - Kind of funny that bitcoins limitations can slow a move down... Its about sharing
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