N12 (OP)
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June 28, 2013, 05:47:00 AM |
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There have to be some of you out there. Does anybody believe Bitcoin will go below $10 again? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Frozenlock
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June 28, 2013, 05:48:29 AM |
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I'm not THAT bearish.
Are you?
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derpinheimer
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June 28, 2013, 06:10:33 AM |
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I confess. But I dont think its going to be hit for a long time, or by then, USD wont be what we measure bitcoins value in
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zoinky
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June 28, 2013, 06:43:49 AM |
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We got a long ways away until 1 mBTC = $1. But I guess predictions are always good.
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N12 (OP)
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June 28, 2013, 06:47:33 AM |
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I'm not THAT bearish.
Are you?
No.
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lucas.sev
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June 28, 2013, 07:09:39 AM |
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We got a long ways away until 1 mBTC = $1. But I guess predictions are always good.
See this post is funny because OP meant per BTC! Ha-ha!
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mp420
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June 28, 2013, 07:11:34 AM |
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It MIGHT dip temporarily to single digits, but, absent down right catastrophic news, I don't believe it will stay for long under $10. Too much loose fiat around in the strong hands that sold around the peak.
I've been wrong before, though. In late 2011 I thought the price wouldn't dip under $4, at least not for an extended time.
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samson
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June 28, 2013, 08:26:09 AM |
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I really doubt this will happen.
However if the price goes down as low as $20 anything's possible.
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Jaroslaw
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June 28, 2013, 08:29:00 AM |
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im single digit fan, i think real bitcoin value is 3$=1BTC
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ElectricMucus
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June 28, 2013, 09:04:32 AM |
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I don't believe in it, but I don't discount the possibility.
It would require a lot of fuckups over many months, the death of altcoins and hostile legislation. I think Bitcoiners are capable of that but its a long way to actually have such a situation.
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Rampion
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June 28, 2013, 09:32:28 AM |
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N12 (OP)
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June 28, 2013, 09:34:17 AM |
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I'll create this thread should we ever hit single digits again. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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N12 (OP)
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June 28, 2013, 09:38:49 AM |
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I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?
Enough of them to deflate this bubble.
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Rampion
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June 28, 2013, 09:40:57 AM |
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I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?Definitely YES. If not "all", at least most of them.
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N12 (OP)
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June 28, 2013, 09:48:53 AM |
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People here get fooled by the romantic/revolutionary stuff. This is business. This is money. It's not a game.
And we are deflating a bubble.
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Rampion
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June 28, 2013, 10:01:25 AM |
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I dunno. Do you think everyone will forget that we already went through this before, and then came roaring back? Nothing is broken. Bitcoin works. Do you really think all the whales were just in it for a quick buck?Definitely YES. If not "all", at least most of them. How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY haha Sorry, but in my book the "smart" thing is to sell at the highest possible point, especially after an obvious bubble popped, in order to buy lower and increase your stash, while recouping your initial investment and possibly realizing some fiat profits. I'm all for the "revolutionary" aspect of Bitcoin, I'm a true believer, I have a paper wallet with a non-negligible amount of Bitcoins that I will never touch because I cannot bear (LOL) the thought of being "totally out", but at the end of the day Bitcoin is still money... And if you want to do good, you need more of it, and there's no point in fighting the market, just follow it and try to profit as much as possible.
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N12 (OP)
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June 28, 2013, 10:02:25 AM |
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How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY haha
![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.sierrachart.com%2Fimage.php%3Fl%3D1372413721617.png&t=665&c=CC4gTKJueH7IPA) Smart money so clever! Smart money, trading against the trend. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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freedomno1
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June 28, 2013, 10:03:58 AM |
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I think I would surrender its not 2011 and a real coin that surpasses bitcoin must have been born
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Believing in Bitcoins and it's ability to change the world
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N12 (OP)
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June 28, 2013, 10:05:05 AM |
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How hard is it to believe that a good number of the whales are smart, savvy geeks like us who can see the incredible potential, but with just a fuck ton more cash? And they throw in a few % of their net worth to hold for the next few years... and everyone in the wall thread is like OH SHIT 10K BUY haha
img: http://www.sierrachart.com/image.php?l=1372413721617.pngSmart money so clever! Smart money, trading against the trend. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Check out the bold dude, they might be laughing at you soon Don't understand what you are trying to tell me. I just showed you why 10k or 20k buys change nothing as long as they're against the trend.
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ElectricMucus
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June 28, 2013, 10:05:53 AM |
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It's the good 'ol "If we just buy it to above where it crashed from it will sure go up." - fallacy.
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