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Author Topic: It's off again  (Read 462 times)
grumpygit (OP)
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January 02, 2018, 07:26:52 PM
 #1

 Smiley

Big jump in price in the last hour

What a ride Bitcoin is
grumpygit (OP)
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January 02, 2018, 09:15:11 PM
 #2

Smiley

Big jump in price in the last hour

What a ride Bitcoin is

Seems to have stabilised around £11,000, lets see if it holds it this time as a new floor.
eyesopen
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January 02, 2018, 09:22:11 PM
 #3

Nice little jump up to almost $15K
actually all the top 10 has gone green on bittrex,
Litecoin, Ethereum, Bitcoin Cash, Moneto, Dash, its all good  Grin
grumpygit (OP)
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January 02, 2018, 09:27:26 PM
 #4

Nice little jump up to almost $15K
actually all the top 10 has gone green on bittrex,
Litecoin, Ethereum, Bitcoin Cash, Moneto, Dash, its all good  Grin

Still not convinced that this is the new floor yet, but I think the sub $10,000 threat is getting smaller.
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January 02, 2018, 09:36:21 PM
 #5

Power of BTC. While Bitcoin went up all the altcoins went down to the Bitcoin. Bitcoin remains the most attractive investment, once it starts grow everyone will buy BTC.

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High fees = low BTC price


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January 02, 2018, 09:38:52 PM
 #6

Don't be premature will you now.

Them slot machines sure are quiet when punters put money in them but make a hell of a
noise when they pay money out and most of the players go home in the end with empty
pockets 

oh don't forget to pay the nice lady cashier a big swag of money each time  you enter or leave
the building will you now  Cheesy in transaction fees that she calls it.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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January 02, 2018, 09:40:34 PM
 #7

No kidding, but the network fees are still killing it for me.  Right now I own about $5 worth of bitcoin and I couldn't spend it if I wanted to.  Not trying to be a party pooper, but I've frickin' had it with transaction times and fees.  Money shouldn't work this way, IMO.

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High fees = low BTC price


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January 02, 2018, 09:47:31 PM
 #8

actually all the top 10 has gone green on bittrex,
Litecoin, Ethereum, Bitcoin Cash, Moneto, Dash, its all good  Grin
Is it good my friend , is it good !

You see I want to load up on Segwit2x and I need it to get a right battering so I can buy in low
so please do your duty, slag it off, dump as soon as you can (A year if Coinbase holds your tokens)
or this poor old skint gambling addict will never ever own a full digital coin.

It's alright I don't need a lift home, I can just sleep out on the streets as usual but can you lend me a smoke please  Grin

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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January 02, 2018, 09:49:58 PM
 #9

Honestly, I was sure that the bit in the price of bitcoin will be earlier, and many people this jump will be useful, because those who kept money in bitcoin received dividends. It is important to understand that as long as the bitcoin rate is not stable, it will not be able to compete with the old-timers of currency markets, now of course the bitcoin leader is among all the crypto currency, but if we want bitcoins to eclipse the dollar, first of all its course should stabilize.
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January 02, 2018, 09:50:46 PM
 #10

High variance can be a good thing sometimes :p

Positivebetting
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January 02, 2018, 09:50:54 PM
 #11

The CEO of PayPal bought aproximately 16 million dollars worth of bitcoin and it pumped the price by more than $1000 in just five minutes.

And then it started to be on almost all the Papers, and it went to $15600.

Big jump in price in the last hourWhat a ride Bitcoin is

Sad to see that the price is going down again, $14,8k at the moment and it seems that it will keep going down. but i do not know why it likes to be on a bearish trend.

Quote
Nice little jump up to almost $15K

It did, and on coinmarketcap is shows that it increased by more than 11 percent today  Cheesy Cheesy

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January 02, 2018, 09:54:50 PM
 #12

No kidding, but the network fees are still killing it for me.  Right now I own about $5 worth of bitcoin and I couldn't spend it if I wanted to.  Not trying to be a party pooper, but I've frickin' had it with transaction times and fees.  Money shouldn't work this way, IMO.

I had my "fun" sending some money with low fee in December. Never again.
I think that I'll switch pretty soon to a SegWit wallet, it is clearly the step forward, just I am behind with my homework on that.

Smiley

Big jump in price in the last hour

What a ride Bitcoin is

Yup, it was a wonderful surprise. Of course, it has fallen back a little by now, let's see where it'll settle down. 14.5k for a start?

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High fees = low BTC price


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January 02, 2018, 09:56:50 PM
 #13

No kidding, but the network fees are still killing it for me.  Right now I own about $5 worth of bitcoin and I couldn't spend it if I wanted to.  Not trying to be a party pooper, but I've frickin' had it with transaction times and fees.  Money shouldn't work this way, IMO.

Well said and I have spend a few hours looking into lightning from a technical perspective
and it might make the network faster but when it comes to fees  Cheesy well read my mind.

Bastards took $80 from me last week in fees and have lost any trust they had from me
but doing the maths your $5 is still worth a whopping 60 bytes of data if added to the
block-chain and it sounds much better if you times it by eight and count the bits

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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January 02, 2018, 09:57:09 PM
 #14

This what everyone has been waiting for. From $13,000 up to $15,060 and now at $14,860 and yet still a good price though.
The CEO of PayPal bought aproximately 16 million dollars worth of bitcoin and it pumped the price by more than $1000 in just five minutes.
Woah! That's sweet so that's the reason for that pump, I guess big players will come in after his move.

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January 02, 2018, 10:01:00 PM
 #15

Riding the season Smiley
Been pump for sure but hope to see it progress continously so those who have invested lately will not get heart attack for watching the price of bitcoin slowly dropping and fear they might lost their capital in investment.

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January 02, 2018, 10:06:51 PM
 #16

I thought this was refering to Segwit2x I was gonna lose my shit on them lol. We all knew Mr.Bit would be along for the ride one day or another no surprises here! Next stop ATH  Smiley

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January 02, 2018, 10:08:50 PM
 #17

Smiley

Big jump in price in the last hour

What a ride Bitcoin is

I think this is not big jump. Its just beginning. Lets see what happen next. I am no doubt price will go up more.
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January 02, 2018, 10:09:15 PM
 #18

Bitcoin price is going to moon very soon. This is the good time to buy for those who have plans for it. It can only be this low for this month. February, Match and April will be a great time for bitcoin.
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January 02, 2018, 10:09:31 PM
 #19

If a big bump is about to happen, and the basis in 14 to 15k, maybe it will raise to 25k?

If so, will the other coins going to receive a similar dump?
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January 02, 2018, 10:15:53 PM
 #20

Nice little jump up to almost $15K
actually all the top 10 has gone green on bittrex,
Litecoin, Ethereum, Bitcoin Cash, Moneto, Dash, its all good  Grin

Top 10 are always good. I have no doubt with them. So i always look into them.
Regarding this jump, there are more jumping waiting bitcoin since this is just early year.
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