ajaxmoor (OP)
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October 26, 2013, 07:17:34 PM
Last edit: February 03, 2015, 08:08:42 AM by ajaxmoor |
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What do you guys think of bitcoin as a currency in value ?
The past recent days have seen a lot of upswings and downswings, and I think this time will it time that it should go up now.
It dropped to 160 , from 200 but with all the good newws should go over 300 soon.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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nikona
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October 26, 2013, 07:20:59 PM |
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for the look of it i think it will go up to 350 since yesterday it droped to 160 and raise back after
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ajaxmoor (OP)
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October 26, 2013, 07:23:41 PM |
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likely going down
you had a good point and for those who had coin was hoping it to go 1000 lol |
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ekiro
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October 26, 2013, 07:27:37 PM |
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likely going down
Lets not be silly. There is no justification for it to go down. People thought it would plummet to hell after SR. Instead, it took a little dip, and shortly after China breaks the news with Baidu. Bad stigma down. Legitimacy up. It's just now leveling out. I'm sure things can only get brighter now on forward. Fluctuations are normal. Look at the bigger picture and you'll get it. |
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nikona
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October 26, 2013, 07:31:29 PM |
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likely going down
Lets not be silly. There is no justification for it to go down. People thought it would plummet to hell after SR. Instead, it took a little dip, and shortly after China breaks the news with Baidu. Bad stigma down. Legitimacy up. It's just now leveling out. I'm sure things can only get brighter now on forward. Fluctuations are normal. Look at the bigger picture and you'll get it. lol you think china will change the situation or price ? |
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ekiro
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October 26, 2013, 07:36:22 PM |
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likely going down
Lets not be silly. There is no justification for it to go down. People thought it would plummet to hell after SR. Instead, it took a little dip, and shortly after China breaks the news with Baidu. Bad stigma down. Legitimacy up. It's just now leveling out. I'm sure things can only get brighter now on forward. Fluctuations are normal. Look at the bigger picture and you'll get it. lol you think china will change the situation or price ? There are MANY factors that are in play here. Baidu is one of them. Just see how erratic the Chinese market has become since Baidu announced it accepts BTC. We also have the US debt ceiling crisis around the same time. Not to mention the fall of SR and the countless positive and (some) negative PR. Money2020 recently happened too where numerous BTC startups are pushing the currency and notion. Coinbase had the most beautiful front-and-center booth. Must be putting those $6M in funding to good use. I was there. I saw it. Lots going on. One thing is for sure, BTC is here to stay and at the moment its in the geek's realm... with plenty momentum. |
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rampalija
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October 26, 2013, 07:48:14 PM |
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BTC will go down to 140 $ maybe a little bit lower but in short period it will raise again to 300$. Cuz noone iz interested to buy it now. they all know it will go down. They are waiting for lowest price and then BTC will rise up again
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nikona
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October 26, 2013, 07:53:42 PM |
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btc price are so high now people wont buy it , but those who do money laudering are likeky it a lot
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ajaxmoor (OP)
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October 26, 2013, 08:03:58 PM |
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likely going down
Lets not be silly. There is no justification for it to go down. People thought it would plummet to hell after SR. Instead, it took a little dip, and shortly after China breaks the news with Baidu. Bad stigma down. Legitimacy up. It's just now leveling out. I'm sure things can only get brighter now on forward. Fluctuations are normal. Look at the bigger picture and you'll get it. lol you think china will change the situation or price ? There are MANY factors that are in play here. Baidu is one of them. Just see how erratic the Chinese market has become since Baidu announced it accepts BTC. We also have the US debt ceiling crisis around the same time. Not to mention the fall of SR and the countless positive and (some) negative PR. Money2020 recently happened too where numerous BTC startups are pushing the currency and notion. Coinbase had the most beautiful front-and-center booth. Must be putting those $6M in funding to good use. I was there. I saw it. Lots going on. One thing is for sure, BTC is here to stay and at the moment its in the geek's realm... with plenty momentum. agree with that and china is a big market |
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Naraca
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October 26, 2013, 08:18:08 PM |
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Over time, it will probably go down. It may spike again before that, though.
It seems to me that the current spike is ironically from the closing of SR. Although,
bitcoin is due to spike in multiple unpredictable ways, such as in last April and January of 2012.
I don't know the full reason to their spiking, but if somebody were to inherit even a couple bitcoins It could turn into a large sum.
It's probably worth to wait until it reaches the peak of 250+ or so again.
-Wishes he had an ASIC miner right now.-
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Vancityguy
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October 26, 2013, 08:47:54 PM |
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I think that it's current comfort level is 175, it will hover around 170 all weekend and make a bit of a jump on Monday. Most of the heavy fluctuation is from market manipulation.
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lemipawa
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October 26, 2013, 09:02:15 PM |
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it will go more than 300
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rampalija
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October 30, 2013, 11:47:10 PM |
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form now it is going down
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boogi
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October 31, 2013, 12:27:35 AM |
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everybodys wants cheap coins, as soon as price goes down it gets snapped up.
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zouave
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October 31, 2013, 01:13:36 AM |
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i think it might go to 1K+, there is almost no money created, but more and more people interested by bitcoin... but the service will be interrupted one day, with some hack to the encryption or something like that my guess
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Lilyreso
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October 31, 2013, 07:16:25 AM |
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it's already around 200, and will grow up.
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RileyN
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October 31, 2013, 10:08:48 AM |
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I think it will actually freeze on the 200 (+/- 5$) mark. It's been pretty stable for the past few days.
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Unluckyduck
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October 31, 2013, 10:35:35 AM |
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Really hope it goes down so i can buy some cheap coins  |
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Klubknuckle
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October 31, 2013, 11:16:50 AM |
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likely going down
Nah, likely go up unless some big thing happened... |
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panck4beer
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October 31, 2013, 12:10:36 PM |
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Really hope it goes down so i can buy some cheap coins We all hope for that, but I don't see that happening unless something strange happens. The price has been really stable since the big rise. I dont hope for the price going down And given the Chinese growing interest in Bitcoin, I dont see it happen anytime soon anyway |
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