pjviitas
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November 15, 2013, 05:04:15 AM |
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Of course it will...probably numerous times when some idiots try and speculate in it's like any other currency.
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MoonShadow
Legendary
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Activity: 1708
Merit: 1007
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November 15, 2013, 05:06:04 AM |
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Yes.
But you can get out before the crash, and limit your losses. I'll give you twice that for whatever you have. $10 each, limited time offer.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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coreli
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November 15, 2013, 05:12:01 AM |
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Gawd I hope not, at least not until I sell mine off.
Ahah, yes +1. Unless it becomes even more unmainstream; I don't know how that's possible. Maybe never ever again.
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marcotheminer
Legendary
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┴puoʎǝq ʞool┴
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November 15, 2013, 06:22:43 AM |
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I highly doubt it ever will! Maybe one day
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wakasaki808
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November 15, 2013, 06:25:39 AM |
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maybe....maybe not. Cannot really tell at the moment.
With a limited cap on the amount of BitCoin's available, it may reach a point where it tops off as people decide to invest into other bitcoin like currencies.
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jackjack
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Merit: 1255
May Bitcoin be touched by his Noodly Appendage
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November 15, 2013, 08:21:06 AM |
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I really love how people like to pull random numbers from their ass to look smart
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Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2 Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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eqqsquizitine
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November 15, 2013, 09:54:22 AM |
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I sure hope so
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cheech300
Sr. Member
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Merit: 252
NEIN, ICH BIN DER BITCOIN!
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November 15, 2013, 10:03:54 AM |
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if mike hearn and the bitcoinfoundation and the us are setting their plans of green bitcoins....bitcoin will die faster than it grew!
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MarketTime
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November 15, 2013, 10:07:43 AM |
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Yes, history will repeat.....
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MagicMike76
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November 15, 2013, 10:18:52 AM |
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5 bucks? No, not anytime soon.
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neordicICE
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November 15, 2013, 10:40:11 AM |
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Down to $5.00 not anytime soon, but given enought time, anything can happen...
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MakeBelieve
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November 15, 2013, 11:18:09 AM |
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It will happen. But, hopefully not anytime soon.
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On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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Sindelar1938
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November 15, 2013, 12:30:06 PM |
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Nope, there are downside risks but the floor is significantly higher than five bucks
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pjviitas
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November 17, 2013, 04:14:26 PM |
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The volatility of bitcoin is its biggest strength because this it keeps all the scumbag speculators away once they get burned enough times. People seem to forget that greed trumps rational thinking most of the time...just look at the last housing crisis.
Corporations, banks and governments don't want to stop bitcoin since they stand the most to gain from it...where do you think a big portion of the criminal element that uses bitcoin go to work every day? At the end of the day, bitcoin is a godsend to the folks out there running the show....gives them one more level of smoke and mirrors to work with.
Just my 2 cents.
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matsonj
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November 17, 2013, 08:54:05 PM |
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I expect Bitcoin to never even reach 200$ per coin again.
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