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dopamine
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June 25, 2013, 03:36:42 AM |
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buyers coming in or maybe 1 buyer cheap coins  |
Bitcoinica still has not given me 50% of my claim of 600 BTC
INTERSANGO can go down with bitcoinica for abandoning customers
Alberto Armandi is a SCAMMER
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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Perseus353
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June 25, 2013, 07:41:08 AM |
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Check your facts people: China'a average monthly salary, depending on he province, ranges from $730 in Beijing to about half that in Gansu. But averages are not relevant here. The country has lifted over 400 million people out of poverty in the last 30 years, and there is a big new middle class now with purchasing power. In addition, super rich business leaders and the economic elite -- largely children of the political elite -- number in the thousands.
There's also plenty of potential for mining on a large scale -- with lots of kids in bedrooms turning small hashin power to work on a large scale.
But finally -- he real reason bitcoin is likely to take off there is that the Chinese government doesn't allow Chinese to move their money abroad. Bitcoin is a release of this restriction. Once Chinese bitcoin trading sites take off properly -- you can be pretty sure there will be another price explosion.
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1CkV1H1CA67CjpG5QMxEgVU9tNto51DBHd
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DoomDumas
Legendary
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Activity: 1002
Merit: 1000
Bitcoin
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June 25, 2013, 07:56:04 AM |
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I'm buying a bit @ 100.. keep most of my fiat in case it drop further,, orders set up like : buy @ 99, 91, 85, 79, 75, 71..
If it does not drop that low within a few month.. I'll buy for 10k at market price !
Just my humble tought !
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dave111223
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June 25, 2013, 08:24:42 AM |
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I wouldn't buy until after Gox unfreezes withdrawals.
They don't have the same power over Bitcoin they used to, but them going belly up could still create a 50%+ crash IMHO.
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afbitcoins
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June 25, 2013, 09:17:29 AM
Last edit: June 25, 2013, 10:38:11 AM by afbitcoins |
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Have posted my latest long term channel in my blog. At the moment we are just above a long term support line and also finding support because of the round number of $100. Theres no guarantee the support will hold though and lower prices could materialize in the future.
Personally I'm not buying or selling at the moment, I'm on the fence waiting to see which way it looks like it will go. If we get below $100 I may sell bitcoins and hope to buy back more cheaper later on, if support holds and we stay above $100 I may buy more at some point on assumption price will increase further.
If I didn't have any bitcoins at all I'd buy some no matter what the price but reserve some fiat for possible future cheaper purchase.
Quite a tough call right now though
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JimboToronto
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You're never too old to think young.
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June 25, 2013, 04:34:11 PM |
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True___Blue
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June 25, 2013, 06:36:18 PM |
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I'm still not overly optimistic about BTC price right now. I don't know if the consolidation period is finished, and with the trouble Gox is having with USD right now I'm cautious about how the market will react in the next few weeks.
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Dalib
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A Top Web 3 Gaming Layer2 Provider
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June 25, 2013, 06:45:49 PM |
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I'm still not overly optimistic about BTC price right now. I don't know if the consolidation period is finished, and with the trouble Gox is having with USD right now I'm cautious about how the market will react in the next few weeks.
Exactly, when MtGox will again do $ withdrawal, it can affect a lot of bids and Asks ... |
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bitcoinrocks (OP)
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June 26, 2013, 08:14:00 AM |
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Does anyone have an idea when Mt.Gox will resume USD withdrawals?
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Crypt_Current
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June 26, 2013, 08:43:54 AM |
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All times are good times to buy BTC  |
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BitChick
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June 26, 2013, 02:51:08 PM
Last edit: June 26, 2013, 09:07:13 PM by BitChick |
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All times are good times to buy BTC Probably true, if BTC does increase to the point that some people have predicted. Anything around $100 is great. I purchased as the price went up right before the huge "bubble" burst. I am not one to do day trading, so you will be getting in at a lower price then the average price of $120 I paid for my stash. So, I think it is a good time from my perspective for sure! |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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smoothie
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LEALANA Bitcoin Grim Reaper
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June 26, 2013, 03:59:27 PM |
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yes
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▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌
▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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ThatDGuy
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June 26, 2013, 06:19:39 PM |
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Dollar cost averaging is probably the least stressful way to start getting into BTC.
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Hyena
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June 26, 2013, 08:26:36 PM |
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A rule of thumb has been to buy when the price has more or less stabilized but I've made quite a fortune by just buying whenever I had some extra euros to spend. Bitcoin has a tendency to capture new heights periodically. One just needs to be patient and willing to lose money in short term. If you are having trouble losing money in short term try playing Satoshi Dice  |
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halfawake
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June 27, 2013, 05:48:27 AM |
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Check your facts people: China'a average monthly salary, depending on he province, ranges from $730 in Beijing to about half that in Gansu. But averages are not relevant here. The country has lifted over 400 million people out of poverty in the last 30 years, and there is a big new middle class now with purchasing power. In addition, super rich business leaders and the economic elite -- largely children of the political elite -- number in the thousands.
There's also plenty of potential for mining on a large scale -- with lots of kids in bedrooms turning small hashin power to work on a large scale.
But finally -- he real reason bitcoin is likely to take off there is that the Chinese government doesn't allow Chinese to move their money abroad. Bitcoin is a release of this restriction. Once Chinese bitcoin trading sites take off properly -- you can be pretty sure there will be another price explosion.
Totally agree with this on bitcoin taking off when there's a good Chinese bitcoin trading site. For those of you talking about there being a lot of poor people in China, yes, this is true. But there is also a middle class of at least 300 million people. If even 1% of them are interested in bitcoin, that's a lot of potential buyers. |
BTC: 13kJEpqhkW5MnQhWLvum7N5v8LbTAhzeWj
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smoothie
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LEALANA Bitcoin Grim Reaper
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June 27, 2013, 06:12:17 AM |
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I see it so many times...
Price stares a user in the face.
They question if it is a good time to buy,
Using the total bitcoin price history 90% of the prices in the past were really good buy prices compared to today.
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²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩
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²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`
²²²
███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Jaroslaw
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supernode
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June 27, 2013, 07:04:18 AM |
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nope, just wait for 20-30$
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mobile
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the sun is shining, but the ice is still slippery
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June 27, 2013, 11:49:38 AM |
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nope, just wait for 20-30$
Not impossible but unlikely.... |
1 MoBi1eNbqh8QMuvtZjYzQGV8NEckJJYcT rep| GnuPG <3 CLAM <3 |
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roobkoo
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June 27, 2013, 11:58:08 AM |
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Exactly. And for the guys making $2/hr, this will just be all the more relevant. All those guys who work for $2/hr are probably working to fill those container ships. We should be thinking about how to pitch Bitcoin to their bosses. china probably never try BTC because of goverment |
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notme
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June 27, 2013, 08:07:09 PM |
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Exactly. And for the guys making $2/hr, this will just be all the more relevant. All those guys who work for $2/hr are probably working to fill those container ships. We should be thinking about how to pitch Bitcoin to their bosses. china probably never try BTC because of goverment Then why was there a 30 minute segment on BTC on on of their state-run news channels. |
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