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Vigil
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December 10, 2013, 03:49:55 AM |
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A another chance for some to sell at the 1000 dollar mark will bring some people who are fine with that... 1000 once passed .. sky's the limit
everyone that wanted to sell already settled for 800ish. up up up forever, welcome to bitcoin And those who wanted to buy already bought and are skeptical about paying $980. |
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adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 10, 2013, 03:50:22 AM |
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A another chance for some to sell at the 1000 dollar mark will bring some people who are fine with that... 1000 once passed .. sky's the limit
everyone that wanted to sell already settled for 800ish. up up up forever, welcome to bitcoin And those who wanted to buy already bought and are skeptical about paying $980. go buy an ounce of gold. |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4473
You're never too old to think young.
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December 10, 2013, 03:50:51 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen!
There are a lot of experienced early Bitcoiners around here. Of course they'll tend to be bullish. Why do noobs tend to be so bearish? |
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Vigil
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December 10, 2013, 03:51:02 AM |
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Uh oh who can give me a train analogy of what is going on now? Where is that pic of the train on fire.
Brother John F can't make up his mind. One day he is saying we are headed to $3000 and another he is saying we are going to test $400. sometimes it's hard to reconcile the speed at which this is moving. that brother dude has been watching silver all his life and he just can't see it. I like the guy's commentary and he is on point sometimes but he is always looking at TA and drawing different conclusions from day to day. |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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December 10, 2013, 03:51:35 AM |
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A another chance for some to sell at the 1000 dollar mark will bring some people who are fine with that... 1000 once passed .. sky's the limit
everyone that wanted to sell already settled for 800ish. up up up forever, welcome to bitcoin And those who wanted to buy already bought and are skeptical about paying $980. perhaps, sitting, waiting, the next few days should be interesting. as it almost always is. |
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I_bitcoin
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December 10, 2013, 03:51:44 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen! I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed. anyway, it's heading back to $400 in the next 2 - 3 days. Maybe  People can conduct transactions just fine with only 1 confirm - speed is no issue. Heck, they really only need to wait a few seconds and watch for further transactions from the same addr. This is not a problem. Seems like 11 hours to the next jump in difficulty (900M) Miners gonna feel the pinch. |
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Vigil
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December 10, 2013, 03:51:49 AM |
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Do you all think this is just a small correction? or how low are we going?
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seriouscoin
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December 10, 2013, 03:53:27 AM |
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Adam, we need a new poll
Something like "Do you think we will break the ATH by December? "
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pickard
Member
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Activity: 84
Merit: 10
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December 10, 2013, 03:53:50 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen! I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed. anyway, it's heading back to $400 in the next 2 - 3 days. Maybe People can conduct transactions just fine with only 1 confirm - speed is no issue. wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great  That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long. Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones |
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seriouscoin
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December 10, 2013, 03:54:04 AM |
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Do you all think this is just a small correction? or how low are we going?
$800 New money will come in at that price point |
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seleme
Legendary
Offline
Activity: 2772
Merit: 1028
Duelbits.com
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December 10, 2013, 03:54:53 AM |
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The fall is imminent  It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though. |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 10, 2013, 03:57:26 AM |
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Will bitcoin make a new all time resent low?
vote!
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tHash
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December 10, 2013, 03:58:31 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen! I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed. anyway, it's heading back to $400 in the next 2 - 3 days. Maybe People can conduct transactions just fine with only 1 confirm - speed is no issue. wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long. Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones 0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA. Getting tired of noobs thinking they know anything . . . |
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rampantparanoia
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December 10, 2013, 03:59:45 AM |
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Will bitcoin make a new all time resent low?
vote!
psst... ....recent* |
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Vigil
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December 10, 2013, 04:00:30 AM |
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The fall is imminent It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though. Did you already sell that position you had at $610 back during the "crash"? |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 10, 2013, 04:00:56 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen! I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed. anyway, it's heading back to $400 in the next 2 - 3 days. Maybe People can conduct transactions just fine with only 1 confirm - speed is no issue. wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long. Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones 0 confirmation transactions work fine! The risk of a double spend is extremely low for low value transactions. For high value ones, 6 confirms is vastly faster than a wire transfer, or ACH, or SEPA. Getting tired of noobs thinking they know anything . . . the noobs are numerous we must be patient and teach them how things work in bitcoin land. |
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ChartBuddy
Legendary
 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 10, 2013, 04:01:55 AM |
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derekleong75
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December 10, 2013, 04:02:17 AM |
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The fall is imminent It would be great if it could do it butI just don't see enough steam to break through. Mind you, I am already proved very wrong though. Did you already sell that position you had at $610 back during the "crash"? Maybe I was the one who bought them and now he wants em back? :p |
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seriouscoin
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December 10, 2013, 04:03:11 AM |
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this thread is so bullish. I mean over 70% think $30,000 BTC will happen! I wish it could, but even if crypto in the form we know it does survive the next 2-3 years, bitcoin is one of the worst cryptos out there. the guinea pig. It's soooo slow. If it does survive it will just be as a store of wealth but for transactions, it's deeply flawed. anyway, it's heading back to $400 in the next 2 - 3 days. Maybe People can conduct transactions just fine with only 1 confirm - speed is no issue. wow just 1 x 8 min transaction. (potentially a lot longer) Thats really great That means that my website on needs to hold off 8 mins to avoid a double purchase. 8 mins is a life time for many business models. many other cryptos do it in 1 min or less and even that is too long. Don't get me wrong, i like BTC but it's not invincible and has flaws! big ones Transaction time is not confirmation time. Stop spreading BS |
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Vigil
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December 10, 2013, 04:03:45 AM |
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I think we need to be around $400-$500 to get enough new buyers to take this much higher at this point. I know a few people who want to get in but are very hesitant at $1000 or close. something really needs to be done to overcome the psychological hurdle of the whole BTC vs mBTC and all that. No one wants to buy less than a bitcoin, its almost inconceivable for them to see it in terms of fractions.
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Poll
