Wekkel
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Activity: 3108
Merit: 1531
yes
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December 17, 2013, 05:05:33 PM |
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if we survive this in a decent shape, confidence will be very high, price will recover
This is a free market. Unless something changes, it will return at a certain moment. Just be patient. |
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toy4lov3rs
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December 17, 2013, 05:14:13 PM |
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If someone bought at $32 in 2011, then they had to wait about 18 months to make a profit, fyi.
Two years is nothing, and if sold today 2000% increase  Patience is rewarded in this case |
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JimboToronto
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 17, 2013, 05:24:16 PM |
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The best strategy, it seems, is to buy bitcoins and then unplug the internet for 6 months and wait  6 months is much too short a time. 24 months is a better minimum hold time for a big fat greasy profit. As some bears have been quick to point out, there have actually been 6-month periods (e.g. late 2011) when the price fell. 5 years is probably a better minimum hoarding time. By then the s-curve will have probably been through the vertical phase, no longer parabolic, and leveling off. |
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toy4lov3rs
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December 17, 2013, 05:29:22 PM |
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5 years is probably a better minimum hoarding time. By then the s-curve will have probably been through the vertical phase, no longer parabolic, and leveling off.
I have to agree, at this time Bitcoin will be accepted online everywhere, offline many places, Bitcoin ATMs in every bigger city |
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proudhon
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Activity: 2198
Merit: 1311
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December 17, 2013, 05:30:29 PM |
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Bitcoin probably won't hit $1000 again because of sources.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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TERA
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December 17, 2013, 05:35:37 PM |
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OK keep bashing bears. You can count your fiat profits while I count my btc profits.
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 17, 2013, 05:41:03 PM |
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Bitcoin probably won't hit $1000 again because of sources.
LOL |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 17, 2013, 05:43:58 PM |
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OK keep bashing bears. You can count your fiat profits while I count my btc profits.
Who's bashing bears? Sell, sell, sell... at least until I finish buying.  |
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zuerdemon
Member
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Activity: 114
Merit: 10
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December 17, 2013, 06:12:33 PM |
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Bitcoin probably won't hit $1000 again because of sources.
Care to elaborate? Does it have anything with United States trying to regulate Bitcoin ? |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 17, 2013, 06:27:17 PM |
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Bitcoin probably won't hit $1000 again because of sources.
Care to elaborate? Does it have anything with United States trying to regulate Bitcoin ? I think his "sources" are trollbox permabears. |
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Bobsurplus
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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December 17, 2013, 06:30:52 PM |
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Bitcoin probably won't hit $1000 again because of sources.
Excuse me?  ? I'd expect FUD from the trolls but not from you! Whats going on here? |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 17, 2013, 06:42:01 PM |
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Bitcoin probably won't hit $1000 again because of sources.
Excuse me? ? I'd expect FUD from the trolls but not from you! Whats going on here? I'm pretty sure he was joking, just like with his Satoshi Secret Backdoor Code silliness. |
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opentoe (OP)
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Activity: 1274
Merit: 1000
Personal text my ass....
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December 22, 2013, 08:43:23 PM |
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Bitcoin is global, and China closing their exchanges is a pretty big deal. It's not some small company voicing their opinion, but an entire government making pro-active changes towards bitcoin. This will set us back big time. People laughed when someone said we may hit $100 before $1000 again, but from what I'm looking at, it could very well possibly hit $100. A terrible low.
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piramida
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Activity: 1176
Merit: 1010
Borsche
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December 22, 2013, 08:58:23 PM |
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People laughed when someone said we may hit $100 before $1000 again, but from what I'm looking at, it could very well possibly hit $100. A terrible low.
make some money on your understanding then: http://bitbet.us/bet/672/btc-will-hit-1000-without-dropping-to-100/need some serious people with bets on NO there. |
i am satoshi
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EvilPanda
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December 22, 2013, 09:27:15 PM |
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I'm with the majority here. |
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amencon
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December 22, 2013, 09:34:34 PM |
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If things hold to past patterns we will see a bear market for awhile that ends in some length of sideways trading then slow steady growth that bubbles up into mania with hugh price increases then back down to well above before the mania started. Will be interesting to see if things play out this way again.
So I'd say we won't see $1000 for at least a few month or more, but who knows what 2014 will bring.
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Stunna
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Activity: 3192
Merit: 1278
Primedice.com, Stake.com
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December 22, 2013, 10:10:29 PM |
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When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.
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freethink2013
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December 22, 2013, 10:11:21 PM |
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When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.
China is fucked but despite that I think we'll hit 1000 in jan/feb |
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R2Pleasent
Full Member
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Activity: 139
Merit: 100
Owner@ CryptoFundingTracker.com
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December 22, 2013, 11:08:46 PM |
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When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.
The odds of this happening are very low in the short term, low in the long-term, and still under 50% in the long-term. |
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I_bitcoin
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December 23, 2013, 12:01:38 AM |
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When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.
The odds of this happening are very low in the short term, low in the long-term, and still under 50% in the long-term. +1, Neither China or India are going to drive this. Look towards those countries with less aggressive controls. |
No matter where you go, there you are.
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