Eddie Brock
Newbie
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Activity: 53
Merit: 0
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October 03, 2014, 07:16:11 PM |
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I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
hodlers are not selling, only one entity/manipulator/mark karpeles is selling how do we know that that's true
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JayJuanGee
Legendary
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Activity: 3766
Merit: 10450
Self-Custody is a right. Say no to"Non-custodial"
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October 03, 2014, 07:19:43 PM |
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For the first time i'm wiring loaned money to exchange. Let's see how this turns out (will be waiting for better price though. I'm thinking maybe $280 unless we see a clear reversal) Maybe i'm already ruining my moneymaking career or my life for that matter but gotta give it a shot Worst case scenario, i'm sure someone of you nice fellas can get me a g23 so i can blow my fucking brains out (Living in sweden it's tricky to get guns) Never invest more than you can afford to lose, and I would NOT bank on BTC prices going that low... Will be lucky to break $320, but what the fuck do I know? Seems like these BTC price probabilities are an evolving target, and I would NOT put it past whale manipulators to keep manipulating.. and with the current set up of buying off exchange and selling on exchange, there is probably considerable ability for some of these bear whales to NOT run out of coins.
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Schickeria
Member
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Activity: 84
Merit: 10
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October 03, 2014, 07:20:12 PM |
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I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
hodlers are not selling, only one entity/manipulator/mark karpeles is selling So tired of small, plain children's world.
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njcarlos
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October 03, 2014, 07:20:18 PM |
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NJCarlos: What's your average buy price per BTC including transaction fees? Are you in the red or in the black?
I'm actually playing with gains at this point. My initial investment is currently on the sidelines in fiat. If I wait until $350 and put my initial investment back in, I imagine my average cost per coin would be around $150 or 200, since I have been buying small quantities at specific intervals since $420-430. All in all, I'm not in a bad position, and since I'm playing with gains (no disrespect to anyone that's in the red), I'm inclined to hold and not attempt to time the bottom. Instead, I'll try to time the bottom with additional fiat. That's my gut feeling atm, at least.
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 03, 2014, 07:24:10 PM |
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I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
that and or they think they can buy back lower. which might be true.. i don't think they will be able to... but they can sure as hell try. who knows!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 03, 2014, 07:26:00 PM |
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all i know is bitcoin isn't going to get bailed out... but that doesn't mean it will die off, quite the opposite.
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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October 03, 2014, 07:26:10 PM |
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I don't understand why holders are selling their btc
People that hold btc are doing so because they believe that it will be used worldwide by pretty much everybody, right? (="going to the moon")
This means that each btc will be worth thousands (or millions) of dollars, according to this thery.
In this view, btc are underpriced now... so why sell?
The only possible answer would be that they don't really believe in this technology, I guess
I got in this Spring around $455. Was proud of my paper wallets watching BTC rise to $680. Sold last month above my buy-in. As a trader, never let a winner turn into a loser. Lastly, don't fall in love with a stock (or Coin). I do believe in Bitcoin long term, and do think we'll see 1,000's but short term, it's a falling knife.
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yefi
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Activity: 2842
Merit: 1511
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October 03, 2014, 07:26:39 PM |
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JayJuanGee
Legendary
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Activity: 3766
Merit: 10450
Self-Custody is a right. Say no to"Non-custodial"
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October 03, 2014, 07:27:01 PM |
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Holy shit,check the Satoshi wallets! uh oh The CEO is selling off his Bitcoins? Is Crypto done?? Link or it didn't happen...
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adaseb
Legendary
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Activity: 3808
Merit: 1723
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October 03, 2014, 07:27:08 PM |
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It will probably stay at $200-400 for the next 2-3 years until the block rewards stop
Too much money is given away to miners. Even now at the low price of $400, they get about $1.5 million a day.
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InvestorPerson
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October 03, 2014, 07:29:33 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
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fonzie
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October 03, 2014, 07:30:58 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right?
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InvestorPerson
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October 03, 2014, 07:31:33 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right? 150-200 seems ok
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 03, 2014, 07:31:48 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right?seriously i want to know!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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October 03, 2014, 07:32:46 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right? 150-200 seems ok bids at 200.1 fuck it 202 ahhh wtv 230
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yokosan
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October 03, 2014, 07:35:44 PM |
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Finally some bad news. Russia banning bitcoin. Prepare to reach new highs.
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Schickeria
Member
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Activity: 84
Merit: 10
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October 03, 2014, 07:35:49 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right? 150-200 seems ok bids at 200.1 fuck it 202 ahhh wtv 230 I don't think it will go below 300 on this swing.
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degold
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October 03, 2014, 07:38:17 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right? 150-200 seems ok Lol, are you serious, 150-200 is very less. How miner will recover their cost.
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NotLambchop
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October 03, 2014, 07:40:07 PM |
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ah all that talk about manipulation
bitcoin is still overpriced right now, we are still in a correction after last winter
Ok thanks, i almost bought some. Could you tell us when the price is right? 150-200 seems ok Lol, are you serious, 150-200 is very less. How miner will recover their cost. They won't.
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fonzie
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October 03, 2014, 07:42:04 PM |
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KICK IT
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