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Gordonium (OP)
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October 22, 2013, 08:01:23 AM |
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We'll see.
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Buffer Overflow
Legendary
 Offline
Activity: 1652
Merit: 1015
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October 22, 2013, 10:50:12 AM |
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Well you just told us about it so it's now not unexpected.
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Zangelbert Bingledack
Legendary
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Activity: 1036
Merit: 1000
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October 22, 2013, 10:54:59 AM |
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OK, but don't be the guy who chickens out and sells when the price crashes 80% on its way there, because that kind of rise will be gut-wrenchingly volatile.
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b!z
Legendary
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Activity: 1582
Merit: 1010
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October 22, 2013, 11:13:52 AM |
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Thanks for the tip, I will wait and see if that ever happens.
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600watt
Legendary
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Activity: 2338
Merit: 2106
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October 22, 2013, 11:35:00 AM |
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xDan
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October 22, 2013, 11:55:32 AM |
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The punchline is that also, it may not.
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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October 22, 2013, 11:57:08 AM |
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The punchline is that also, it may not.
yeah, may be not today. agreed. |
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Ashitank
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October 22, 2013, 04:47:37 PM |
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Did you see this in your dream if not , then no go !  |
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samson
Legendary
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Activity: 2097
Merit: 1068
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October 22, 2013, 08:44:49 PM |
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The first person to market dump 5000 BTC is the winner
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vokain
Legendary
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Activity: 1834
Merit: 1019
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October 22, 2013, 10:04:21 PM |
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The first person to market dump 5000 BTC is the winner
getting trickier since the exchange volume is much more distributed now |
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PrintMule
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October 22, 2013, 10:11:07 PM |
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We'll see.
It look's like a bubble is running out of air a little bit. It would be much more important to guess how FAST/SLOW will it go down, and to which mark. Plan ahead. |
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MAbtc
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October 22, 2013, 10:13:52 PM |
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The first person to market dump 5000 BTC is the winner
getting trickier since the exchange volume is much more distributed now Gox and Bitstamp still follow one another, and BTC-E still follows them. I think it's possible that we may see a decoupling from the Chinese exchanges, based on future price action. No doubt that western traders are unwilling to follow the Chinese exchanges at the rate at which they have risen recently. |
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ImI
Legendary
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Activity: 1946
Merit: 1019
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October 22, 2013, 11:55:34 PM |
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The first person to market dump 5000 BTC is the winner
getting trickier since the exchange volume is much more distributed now Gox and Bitstamp still follow one another, and BTC-E still follows them. I think it's possible that we may see a decoupling from the Chinese exchanges, based on future price action. No doubt that western traders are unwilling to follow the Chinese exchanges at the rate at which they have risen recently. Following exchanges isnt something that any trader has decided to follow or not to follow. Price Gap-> Arbitrage-gains -> closing the Price Gap. |
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somestranger
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October 23, 2013, 08:00:31 AM |
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There's no way that's going to happen unless "unexpectedly soon" is months from now.
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tutkarz
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October 23, 2013, 11:45:24 AM |
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what if whales are afraid now to dump bitcoins because other exchanges may not follow and they will have to buy back for higher price a while later?
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Gordonium (OP)
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October 23, 2013, 02:15:25 PM |
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Whales are not going to dump anything before 2017-2020. For now it is mostly guppies are running around and making all the noise.
Ohh and 1000$ is not unexpected at all.
Just out of curiosity. Vladimir, how much do you think that price will be in 2020? |
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dexX7
Legendary
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Activity: 1106
Merit: 1024
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October 23, 2013, 06:24:55 PM |
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Just out of curiosity. Vladimir, how much do you think that price will be in 2020?
For several reasons I doubt you are able to messure BTC in USD in 2020, so I think you need to redefine your question. |
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Gordonium (OP)
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October 23, 2013, 06:27:15 PM |
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Just out of curiosity. Vladimir, how much do you think that price will be in 2020?
For several reasons I doubt you are able to messure BTC in USD in 2020, so I think you need to redefine your question. What I meant was in todays purchasing power of dollars. |
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tonto
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October 23, 2013, 07:15:59 PM |
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Well I hope it does rise to $1000, 'cause I need to buy a generator and a set of Dan Wesson revolvers. And my 5 coins aren't doing shit for me right now. So climb climb climb!!  |
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zachcope
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October 23, 2013, 09:55:49 PM |
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Just out of curiosity. Vladimir, how much do you think that price will be in 2020?
For several reasons I doubt you are able to messure BTC in USD in 2020, so I think you need to redefine your question. What I meant was in todays purchasing power of dollars. dexX7 is probably right and I suppose we here saying USD in future tense usually mean "today's USD". I do not know the answer to Gordonium's question. I, however, expect that there will be supply shocks around 2017 and 2020. See https://en.bitcoin.it/wiki/Controlled_supply and specifically new coin emission dropping from 9% and 4% and from ~4% to ~2%. There is also upcoming supply shock, which will happens much sooner when current 3-5% a day difficulty growth drop to 0% or less which will also mean supply of new coins dropping by about 40%. Of course, this is only about new coin supply. There is also old coin/hoard supply and demand parts of the equation that also affect the price. But if you want a number, I would say/speculate ~100 000$ per BTC in 2017 and closer to 1 000 000$ per BTC in 2020. Love it Vlad - true bitcoin believer and legend! Count me in on that prediction woohoo buy and hold baybee! |
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