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HanvanBitcoin
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August 16, 2017, 04:24:26 PM |
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C'Mon BTCitcoin! lets make a new all time high!!!  |
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infofront (OP)
Legendary
 Offline
Activity: 2688
Merit: 3118
Shitcoin Minimalist
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August 16, 2017, 04:25:39 PM |
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I remember years ago when people were speculating about a time in the distant future: "once wall street gets in on bitcoin....", "when the hedge funds discover bitcoin", etc. I guess the future is here!
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Higher Altitude
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August 16, 2017, 04:30:41 PM |
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Do you guys think we'll see another dip before next week or it's just going up from now?
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infofront (OP)
Legendary
Offline
Activity: 2688
Merit: 3118
Shitcoin Minimalist
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August 16, 2017, 04:33:57 PM |
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Do you guys think we'll see another dip before next week or it's just going up from now?
Lets wait and see if we get a double top, or if we just blow through the "old" ATH on the way to $5,000. IMO, it's up, up, and away!  |
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shaggy404
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August 16, 2017, 04:35:56 PM |
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Do you guys think we'll see another dip before next week or it's just going up from now?
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jojo69
Legendary
Offline
Activity: 3626
Merit: 5300
diamond-handed zealot
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August 16, 2017, 04:36:25 PM |
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yeah, the fib extension and that long term trend line converging at 4433 is critical...where is my magic 8 ball?
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amarlon2222
Newbie
Offline
Activity: 1
Merit: 0
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August 16, 2017, 04:37:03 PM |
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amarlon2222
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YamashitaRen
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August 16, 2017, 04:38:50 PM |
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I hope everyone's enjoying the coins they bought yesterday for under $3.9k.
The price is never too high to buy the dip.
Even if I bought the dip (late, at 3.9k), now I'm greedy and feel bad about letting go the opportunity of a margin long at 4120 |
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Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1013
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August 16, 2017, 04:48:24 PM |
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hazukison
Member
Offline
Activity: 100
Merit: 10
Donate --> 15B6eKDUmjbV21Ujwj32HCX7qctCeSuzyi
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August 16, 2017, 04:52:55 PM |
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Don't suppose you mind drawing on that graph to explain whats krakening  ? |
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Dakustaking76
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August 16, 2017, 04:53:33 PM |
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IT didnt brake on kraken  |
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Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1013
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August 16, 2017, 04:58:52 PM |
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nope ...  3752.2650 vs. 3752.2540 (Euros) |
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HanvanBitcoin
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August 16, 2017, 05:04:29 PM |
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nope ... 3752.2650 vs. 3752.2540 (Euros) haha, we might get another try today though |
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jojo69
Legendary
Offline
Activity: 3626
Merit: 5300
diamond-handed zealot
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August 16, 2017, 05:14:53 PM |
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that's it then, right guys?
bitcoin is dead?
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Haciendo
Newbie
Offline
Activity: 17
Merit: 0
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August 16, 2017, 05:17:31 PM |
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that's it then, right guys?
bitcoin is dead?
confirmed bitcorn is dead |
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HanvanBitcoin
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August 16, 2017, 05:19:04 PM |
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that's it then, right guys?
bitcoin is dead?
confirmed bitcorn is dead Confirmed, Bitcorn is dead  |
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LFC_Bitcoin
Diamond Hands
Legendary
Offline
Activity: 4242
Merit: 12752
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August 16, 2017, 05:23:14 PM |
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Price has recovered really well today, currently $4314 on Stamp. Looking like we may have a test at higher levels before the end of the day. What are the chances of breaking through $5000 by the weekend I wonder.
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Meuh6879
Legendary
Offline
Activity: 1512
Merit: 1013
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August 16, 2017, 05:30:50 PM |
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Source : http://www.zerohedge.com/news/2017-08-16/salt-wampum-benjamins-bitcoin-nextAs an aside consider the following statement by Bitcoin Watch (courtesy Goldman Sachs):
“BTC worldwide computational output is currently over 350 exaflops – 350,000 petaflops – or more than 1400 times the combined capacity of the top 500 supercomputers in the world.”
Needless to say, a tremendous amount of computing resources and energy are being used by BTC miners, and it is still in its infancy. Could these resources be better employed in other industries, and if so, how much productivity growth is BTC leeching from the economy?
The takeaway is that blockchain is an open, real-time database that provides anonymity to its users. It is not controlled or regulated (yet) by any government. BTC miners, driven by the incentive to earn BTC, and fees at times, verify and authenticate the database. Blockchain technology is incredibly powerful and will likely revolutionize data management regardless of whether cryptocurrencies thrive or disappear. |
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