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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 21, 2014, 01:28:04 AM |
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95
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yrtrnc (OP)
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February 21, 2014, 09:47:32 AM |
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So it goes to 91 and back up What the hell is this! Why would anyone buy??? I believe mtgox is pushing the price back up! MTGOX, the biggest con in bitcoin history.
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Hyena
Legendary
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Activity: 2114
Merit: 1015
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February 21, 2014, 09:54:05 AM |
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Gox guys themselves buy. They lack funds ever since they were hacked in 2011 and their money was frozen in US 2013. The only way for them to catch up and not go to bankruptcy was to stop withdraws and buy the cheap coins. It may be their exit strategy. Mt. Gox is the pirate40 v2.0.
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serje
Legendary
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Activity: 1232
Merit: 1002
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February 21, 2014, 09:54:08 AM |
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So it goes to 91 and back up What the hell is this! Why would anyone buy??? if 1goxBTC is 140 goxUSD people are buying because they spend for 10 goxBTC for 1400 goxUSD then they go to a different site where they exchange 1 goxBTC for 0.43BTC if someone bought 10goxBTC he spent like 1400goxUSD after exchange he got 4.3BTC after he got the real BTC he only has to go to bitstamp or btce or any other exchange for a quick sell 4.3*550= 2365 USD ! If he sells on localbitcoin then he makes a lot more! prices will fall until no one can make profit from this! after that the prices will go up again!
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Space for rent if its still trending
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yrtrnc (OP)
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February 21, 2014, 10:37:49 AM |
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So whens MTgox releasing their great news!
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traderwin
Newbie
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Activity: 35
Merit: 0
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February 21, 2014, 11:58:53 AM |
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The price looks like it's drifting down again.
I wonder if indeed we will see $75, or even $50.
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OlliBrandt80
Member
Offline
Activity: 64
Merit: 10
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February 21, 2014, 12:19:45 PM |
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There is a big chance price will drop to $50 but I am not sure it will happen in the next 12 hours - probably in the next couple of days
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Bitcoin rules!
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dg2010
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February 21, 2014, 12:22:35 PM |
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I'm gambling today.
Just bought a bunch of GoxCoins.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 21, 2014, 12:44:23 PM |
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50? You forgot the 1 on the front; then 2, then 3, then 4, then 5, on back up to 9, where we were at equilibrium for months. Remember, none of those USD's left gox yet so there is plenty of ammunition to make that happen; not to mention the added ammo coming in from the opportunists .
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yrtrnc (OP)
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February 21, 2014, 01:10:45 PM |
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50? You forgot the 1 on the front; then 2, then 3, then 4, then 5, on back up to 9, where we were at equilibrium for months. Remember, none of those USD's left gox yet so there is plenty of ammunition to make that happen; not to mention the added ammo coming in from the opportunists . Gox is a bad investment choice. And appareently people are keeping their money in Fiat as to be able to get it back when gox goes bust. Either that or gox is playing a dangerous game.
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rmines
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February 21, 2014, 01:13:25 PM |
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I'm not sure it will be in the next 12 but goxcoins will definitely hit <50 the next 72 hours.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 21, 2014, 01:22:29 PM |
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I'm not sure it will be in the next 12 but goxcoins will definitely hit <50 the next 72 hours.
I seriously doubt it gets that low. A 90% pullback is about the most you can expect in a situation like this of high fog and zero visibility. There are still plenty of people out there with unlimited fiat ammo, thanks to Ben, who will be willing to take a flyer on cheap coins, not to mention the manipulators.
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yrtrnc (OP)
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February 24, 2014, 08:16:59 AM |
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We are heading towards 50 I believe.
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disclaimer201
Legendary
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Activity: 1526
Merit: 1001
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February 24, 2014, 10:51:08 AM |
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There is downward pressure until the other markets have decoupled. For the most part, this has already happened.
When Gox disappears finally, price will go back up. There will be no mass panic as everyone has long expected it to happen. We will all be better off without the Gox drama queen.
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Mythul
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February 24, 2014, 12:39:30 PM |
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$54.99
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InCoinsITrust
Member
Offline
Activity: 112
Merit: 10
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February 24, 2014, 01:06:58 PM |
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I think it will grow slowly.
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Richard Branson
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February 24, 2014, 01:07:50 PM |
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There is downward pressure until the other markets have decoupled. For the most part, this has already happened.
When Gox disappears finally, price will go back up. There will be no mass panic as everyone has long expected it to happen. We will all be better off without the Gox drama queen.
Next vicitim will be shady btc-e.com drama queen. Just don't hold your btc's there or only the part you are willing to lose.
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