JorgeStolfi
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December 18, 2013, 06:11:52 AM |
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BTC-China is now at 1/3 of its peak value (7600 CNY).
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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December 18, 2013, 06:13:05 AM |
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I can see MtGox bottoming out at $400 but how far the pendulum will swing is up the the hysteria of the traders.
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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December 18, 2013, 06:13:22 AM |
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2600 broken
chikun little says the sky is falling lol, I was just stating a fact
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Mirsad
Full Member
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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December 18, 2013, 06:13:53 AM |
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Nice bubble And most bulls here didn't get out near the top Haha we at least bought cheep and had ride the bubble rookie Bought under 100 Euro this summer Just need to take profits on the way up. I think this is far from over. Lowest target would be 70$ (4-5x growth per year).
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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December 18, 2013, 06:14:03 AM |
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That moment when you make 170$ in the middle of the crash
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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December 18, 2013, 06:15:03 AM |
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2600 broken
chikun little says the sky is falling appropriate music to listen to while you watch china crash..soggy bottom boys man of constant sorrow (hey I'm holding my 31 coins and still mining...but just saying seems an appropriate song to lament my loss of paper wealth is appropriate!) http://www.youtube.com/watch?v=jsdCpqPs_UI
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tHash
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December 18, 2013, 06:15:05 AM |
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How many more coins do these damn Chinese have left to sell?
Every sell is also a purchase . . . So eventually, there will be nothing but a lot of coins sitting on the exchange, worth exactly $0 I'll tell you what really sucks though, rather than bitcoin being more resilient because it is not tied to any one country, it is turning out to be fully vulnerable to multiple countries . . . The sooner we kick stupid China to the curb, the better.
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Davyd05
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December 18, 2013, 06:15:12 AM |
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2600 broken
chikun little says the sky is falling lol, I was just stating a fact not calling you a chikun little .. calling btcchina that
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 18, 2013, 06:15:16 AM |
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bids filled hitting market now
so much fun
so full of joy
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1465
Clueless!
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December 18, 2013, 06:15:55 AM |
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2600 broken
chikun little says the sky is falling appropriate music to listen to while you watch china crash..soggy bottom boys man of constant sorry (hey I'm holding my 31 coins and still mining...but just saying seems an appropriate song to lament my loss of paper wealth is appropriate!) http://www.youtube.com/watch?v=jsdCpqPs_UI
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traderCJ
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December 18, 2013, 06:17:09 AM |
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This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.
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Nightowlace
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December 18, 2013, 06:17:57 AM |
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Your bitcoin was worth a bitcoin yeasterday, today and it will still be worth a bitcoin tomorrow.
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keewee
Legendary
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Activity: 1025
Merit: 1000
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December 18, 2013, 06:18:07 AM |
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2600 broken
chikun little says the sky is falling lol, I was just stating a fact not calling you a chikun little .. calling btcchina that Oh. That's all good then. I have to admit to being a little bearish right now because I've got a low bid in
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Sitarow
Legendary
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Activity: 1792
Merit: 1047
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December 18, 2013, 06:18:10 AM |
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 18, 2013, 06:18:13 AM |
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This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.
wow FUD should make price drop even lower
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NamelessOne
Legendary
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Activity: 840
Merit: 1000
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December 18, 2013, 06:19:01 AM |
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This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road is a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.
Agreed! The rest of the world doesn't exist!!
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bassclef
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December 18, 2013, 06:19:12 AM |
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A lot of bulls on here are like mad cow disease; they give newbies a distorted view of bitcoin and end up taking their money as well, and then lose it all to the master traders/ whales.
Liberal use of the ignore button and checking to take the real people of ignore works well, you get a spam of ignored posts before dumps. Very cool-- I hadn't really imagined there would be so many straw dummy FUD accounts. Its sometimes hard to keep up with the new sockpuppets but its better than suffering. Good idea. It's been harder and harder to wade through this forum. FYI BTCChina has TEMPORARILY suspended fiat deposits. Key word temporarily. Sell if you think it's going lower and want to take the risk, but don't let fear take hold. It leads to the Dark Side.
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Vycid
Sr. Member
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Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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December 18, 2013, 06:20:22 AM |
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Fuck's sake. I go abroad for a couple days and China decides to trigger the apocalypse.
And I have no access to my stash so I can't even trade this.
Bitstamp better not break $500 or we're gonna have Risto all up in our faces acting like this announcement was foreseeable.
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Mirsad
Full Member
Offline
Activity: 140
Merit: 100
Bitcoin - love & hate
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December 18, 2013, 06:20:26 AM |
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This has nothing to do with a bubble. The Chinese government is simply shutting down Bitcoin for all intents and purposes. Calling this a bubble would be like saying Silk Road was a bubble or Liberty Reserve was a bubble. They're things that once had value and no longer have value due to gov't intervention.
This year was a huge bubble... There was no correlation between price and increase in transactions. It was pure speculation. If you don't see that, stop trading Buy and holders (bought @ 10-15$) will be ok, but buyers @ above 1000$ will get punched in the face. Sell if you think it's going lower and want to take the risk, but don't let fear take hold. It leads to the Dark Side.
No offense, but selling now is even more stupid then NOT selling @ 1000$
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