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Author Topic: EVERYONE CALM DOWN  (Read 13481 times)
mizike29
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September 07, 2011, 02:39:49 PM
 #81

I think it can get back up.  It being over I dont think so.  Bitcoin can do things that stocks can not, theres some benefits to using bitcoins verse cash, checks etc, but real stores need to accept bitcoin for it to have future.  For now it is just a gamble, having fun with them, dont invest too much money and lets see what happens.

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wee baby seamus
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September 09, 2011, 05:07:41 PM
 #82

hey guys, it seems the price dropped below your green line that it wasn't supposed to.

what's up with that?
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September 09, 2011, 05:12:59 PM
 #83

hey guys, it seems the price dropped below your green line that it wasn't supposed to.

what's up with that?

Right. We're not hearing from the "green line" guy any more, I notice. No great loss.
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September 09, 2011, 05:14:28 PM
 #84

Need your green line fix!?

GREEN LINE FEVA



What does it mean?

BUYELL!

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Mousepotato
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September 09, 2011, 05:49:12 PM
 #85


I just want you all to know, this "Bitcoin Black Tuesday" thing is nothing to worry about. The more coins you sell, the worse the economy is going to get. Please just calm down and hold your own. It's best for you, and best for the community. In my time typing this, the MT.GOX price has rise .30 USD.

Remember the basic economy fact, supply and demand. By putting up all of your available BTC, you are driving funds up. Look at this as a great time for investment.

Currently the Gox price is 6.57 6.57202 USD, which is higher than it was a year ago. Bitcoin is only a baby, we must feed and nurture it.

You can't forget that the price is only relevant to miners. Investors should look at BTC as any stock/asset investment, meaning low means buy. The lower price of today is only relevant to miner's as it isn't as profitable to mine as it was yesterday, but that doesn't mean that tomorrow the value won't be $50 a coin.


I will update the price as often as possible.

Fixed it for you.

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September 09, 2011, 05:50:45 PM
 #86


I just want you all to know, this "Bitcoin Black Tuesday" thing is nothing to worry about. The more coins you sell, the worse the economy is going to get. Please just calm down and hold your own. It's best for you, and best for the community. In my time typing this, the MT.GOX price has rise .30 USD.

Remember the basic economy fact, supply and demand. By putting up all of your available BTC, you are driving funds up. Look at this as a great time for investment.

Currently the Gox price is 6.57 6.57202 USD, which is higher than it was a year ago. Bitcoin is only a baby, we must feed and nurture it sell orders.

You can't forget that the price is only relevant to miners. Investors should look at BTC as any stock/asset investment, meaning low means buy. The lower price of today is only relevant to miner's as it isn't as profitable to mine as it was yesterday, but that doesn't mean that tomorrow the value won't be $50 a coin.


I will update the price as often as possible.

Fixed it for you.

Additional Fix.  Cheesy

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

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ElectricMucus
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September 09, 2011, 06:25:11 PM
 #87

Green line guy here  Grin

If that chart becomes a meme I claim 0.05 BTC for every usage  Cheesy
1C1aN3gBrTdy8NghFAAaQudHkr9zTaC5o5

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
molecular
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September 09, 2011, 07:26:38 PM
 #88

Someone could've coded GPU mining in any language.

Really Satoshi should have made encryption harder so it's not 256 bit, but 65535 bits.

What are you talking about? The difficulty adjusts for any improvement in hardware and a hash is not encryption.

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
Oldminer
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September 09, 2011, 08:16:07 PM
 #89

Can we start panicking now?

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
gw4tt
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September 09, 2011, 08:16:51 PM
 #90

It's time for everyone to convert to cosbycoin apparently.
Oldminer
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September 09, 2011, 08:17:34 PM
 #91

It's time for everyone to convert to cosbycoin apparently.

Already done. I'm so way ahead of you there.

If you like my post please feel free to give me some positive rep https://bitcointalk.org/index.php?action=trust;u=18639
Tip me BTC: 1FBmoYijXVizfYk25CpiN8Eds9J6YiRDaX
critmass
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September 11, 2011, 03:51:42 PM
 #92

Can we start panicking now?
Well, you could start panicking at any time, but in reality it isn't going to do anything for you.  It would have been better if you would have started panicking when bitcoin started shooting through the roof, maybe started using that influx of wealth to build infrastructure for bitcoin, so that there would be a place for that money to stay once it got there.
grod
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September 11, 2011, 03:59:39 PM
 #93

I did precisely that.  I've been panicking since I mined my first coins at a cost basis of well under a dollar while market prices were around $8.   The panic went into high gear as we climbed to $30 while cost to produce was around a buck, and has been gradually subsiding as bitcoin prices approach cost to produce.

I knew we were not going to infinity and beyond when my hardware investment was paid for in 6 days.

But then, I'm not a "buy and hold even if it goes to nothing" faithful.  I've already profited from this pyramid.  Anything else I get is gravy.

Dubs420
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September 11, 2011, 04:04:37 PM
 #94

http://modified-pixels.net/geocache/dont-panic4.jpg
legolouman
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September 11, 2011, 08:49:40 PM
 #95

Green line guy here  Grin

If that chart becomes a meme I claim 0.05 BTC for every usage  Cheesy
1C1aN3gBrTdy8NghFAAaQudHkr9zTaC5o5


You are a genius business person!

If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
mizike29
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September 15, 2011, 09:49:25 PM
 #96

Panick, sell your bitcoins and all your mining hardware now, before there worth pennies.

critmass
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September 16, 2011, 07:32:03 AM
 #97

Panick, sell your bitcoins and all your mining hardware now, before there worth pennies.
someone wants a free mining rig...
Jixtreme
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September 16, 2011, 01:23:58 PM
 #98

Panick, sell your bitcoins and all your mining hardware now, before there worth pennies.

Spelling and grammar errors.
legolouman
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September 17, 2011, 12:59:47 AM
 #99

Panick, sell your bitcoins and all your mining hardware now, before there worth pennies.

Spelling and grammar errors.

I was thinking that, but decided not to be a grammar nazi, just because I didn't want to start a flame war.

If you love me, you'd give me a Satoshi!
BTC - 1MSzGKh5znbrcEF2qTrtrWBm4ydH5eT49f
LTC - LYeJrmYQQvt6gRQxrDz66XTwtkdodx9udz
johnj
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September 17, 2011, 02:10:55 AM
 #100

Panick, sell your bitcoins and all your mining hardware now, before there worth pennies.

Spelling and grammar errors.

I was thinking that, but decided not to be a grammar nazi, just because I didn't want to start a flame war.

You can sneeze the wrong way and start a war around here.

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