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Author Topic: Wall Street laughed at a call for bitcoin at $25k but now the laughter is fading  (Read 712 times)
the_poet (OP)
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May 26, 2017, 06:37:16 AM
 #1

http://www.marketwatch.com/story/wall-street-laughed-at-a-call-for-bitcoin-at-25000but-after-a-400-surge-the-laughter-is-fading-2017-05-25

 Cheesy

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exponential
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May 26, 2017, 06:51:33 AM
 #2

If anyone does need a laugh, http://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12
unknown04
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May 26, 2017, 07:22:28 AM
 #3


laughing my ass off... haters gonna hate and they always lose just like kwakduck
European Central Bank
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May 26, 2017, 11:39:00 AM
Last edit: May 26, 2017, 11:49:23 AM by European Central Bank
 #4


his exact wording was $10 a share, which goes to show how little he knows, maybe a share will be measured in satoshis and he'll declare himself a genius.
iqlimasyadiqa
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May 26, 2017, 11:50:00 AM
 #5


his exact wording was $10 a share, which goes to show how little he knows, maybe a share will be measured in satoshis and he'll declare himself a genius.
Who once laughed at bitcoin must have been silent. They do not know that bitcoin has such great power. They will probably regret not having bitcoin so far.   Cheesy Cheesy
NetTime
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May 26, 2017, 05:41:26 PM
 #6


laughing my ass off... haters gonna hate and they always lose just like kwakduck

Good point - where has that asshat been the last couple of weeks?  Nowhere to be found, lol.
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May 26, 2017, 10:47:45 PM
 #7

Those who bought in 2013 at 1200$, were laughed at for 3 years

But they still outperformed stockmarkets, more than doubling their money in 4 years! If they got a few more coins in between, they did very well indeed.

Those who bought in 2017 at 2700$, are not happy now - but if BTC reaches 25k, they will still make a good profit. This is a long shot from being over  Wink

Truth is the new hatespeech.
The Sceptical Chymist
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May 26, 2017, 11:03:14 PM
 #8

I won't laugh at the $25k prediction, but we're not there yet, not by a long shot.  We basically have to get 10x the present value, and that's a difficult run up for any asset.  Ten times!

Wall Street ought not laugh, because they're probably the ones responsible for the price we're at.  I don't see who else would be pouring money into crypto (or who would have this kind of money to begin with).  I'm really curious whether there are any legitimate institutions buying right now.

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xypos
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May 26, 2017, 11:15:53 PM
 #9


Wall street obviously have to laugh because if they don't then they are accepting bitcoin as a true currency. And they obviously wouldn't want that to happen because central bankers are what they depend on to make their living. Bitcoin is offering a decentralised alternative which means doom for them as they can't make any more profits from fiat currency manipulation once people actually start using bitcoin. Good to see that they're silecenced by the pump, and although there is a recent dump i would think that bitcoin will go up further once this dump is finished Tongue
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