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Author Topic: Why are we back up again ?  (Read 1851 times)
eindbaas (OP)
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umad?


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December 05, 2013, 01:06:35 PM
 #1

China just banned bitcoin and we are getting up ? I think this is a massive bull trap and we gonna crash to 0. I'm selling 37btc tight now.
KFR
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December 05, 2013, 01:08:24 PM
 #2

You could always read the forums and discover they didn't ban anything but, actually no you go ahead and sell off those coin. Tongue

They're trying to buy all the coins. 
We must not let them.
Boxman90
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December 05, 2013, 01:08:39 PM
 #3

Hehe no you already sold way lower, which is why you are now making this topic that rieks of desperation.

LTC: LKKy4eDWyVtSrQAJy7Qmmz61RaFY91D9yC   BTC: 18fzdnCkuUNthCD8hM36UBGopFa9ij78gG
piramida
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December 05, 2013, 01:10:10 PM
 #4

yes you should sell fast before we understand whats going on!

you actually missed the sell opportunity at $880

i am satoshi
eindbaas (OP)
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umad?


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December 05, 2013, 01:10:57 PM
 #5

I think i'm gonna invest all my money in quark coin . What do you guys think about it ?
anu
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December 05, 2013, 01:12:51 PM
 #6

I think i'm gonna invest all my money in quark coin . What do you guys think about it ?

I think even considering investing *all* your money in anything disqualifies you from any serious discussion.

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Salivan
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December 05, 2013, 01:13:56 PM
 #7

I think i'm gonna invest all my money in quark coin . What do you guys think about it ?
tell us how  you end up with that , ok?
FiatKiller
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December 05, 2013, 01:15:22 PM
Last edit: December 05, 2013, 02:01:18 PM by FiatKiller
 #8

First rule is to never sell the majority of your bitcoins unless you can retire off it.

Bitcoin is alot like stocks. When bad news comes out, the price drops and then a bunch of people buy at the dip to get cheapies. Also, do we really care if banks use bitcoin? Isn't one of the main points to avoid banks? Truly bad news would be a gov banning it's people to have them. So this is kind of minor news.

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pandacoin
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December 05, 2013, 01:22:54 PM
 #9

Just sell all your btcs and make us richer.
Don007
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December 05, 2013, 01:24:22 PM
 #10

Who cares about China. ^^

More Bitcoins for us if the Chinese are going to sell a lot of them. Let them come Smiley

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December 05, 2013, 01:49:10 PM
 #11

China did not ban BTC and anyway BTC doesn't give a damn Cheesy

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JimboToronto
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December 05, 2013, 02:00:53 PM
 #12

China just banned bitcoin and we are getting up ? I think this is a massive bull trap and we gonna crash to 0. I'm selling 37btc tight now.

LOL
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December 05, 2013, 02:07:14 PM
 #13

China just banned bitcoin and we are getting up ? I think this is a massive bull trap and we gonna crash to 0. I'm selling 37btc tight now.

Really?  Why just panic without reading what was said??
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December 05, 2013, 02:11:41 PM
 #14

China did not ban BTC and anyway BTC doesn't give a damn Cheesy

The sad thing is all the noobs will start spreading it across the internet, it's a shame I cant buy any more coins for a while lol.
antimattercrusader
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December 05, 2013, 02:13:41 PM
 #15

China just banned bitcoin and we are getting up ? I think this is a massive bull trap and we gonna crash to 0. I'm selling 37btc tight now.

Crash to 0? What you said was incorrect but even it was, it won't crash to zero. Have a big effect? Perhaps. Zero? Doubtful. Not from this anyway.

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neordicICE
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December 05, 2013, 02:19:34 PM
 #16

China just banned bitcoin and we are getting up ? I think this is a massive bull trap and we gonna crash to 0. I'm selling 37btc tight now.

You should sell before making post to get best price. Why would you inform us about true bad news before selling  Huh
alexout
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December 05, 2013, 02:30:06 PM
 #17

I don't understand why there are so many bulls
This is bad news for bitcoin. Why not lock in some profits now and just buy back at break even or slight loss? Overall this is not good news and will make a lot of Chinese ppl to sell.
alexout
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December 05, 2013, 02:30:54 PM
 #18

I don't understand why there are so many bulls
This is bad news for bitcoin. Why not lock in some profits now and just buy back at break even or slight loss? Overall this is not good news and will make a lot of Chinese ppl to sell.
nerFohanzo
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December 05, 2013, 02:40:04 PM
 #19

Overall this is not good news and will make a lot of Chinese ppl to sell.

I dont think. Chinese buy Bitcoins to be able to withdraw wealth from China easily I believe. Remember, it is not mainstream there, only very small part of the population bought Bitcoins
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December 05, 2013, 02:45:40 PM
 #20

Read between the lines, china didn't ban it. They regulated it, which means they legitimised it.

Financial news is just the btc-e troll box IRL. People post whatever they think will best help their own personal goals. So when china legitimises BTC, then the press are gonna spin it as negatively as possible to try and acquire bitcoin as cheap as they can from all the people that buy and sell based on the headlines.

Then they will make a killing when reality unfolds.

tl;dr : hold for the longest time!

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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