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Author Topic: Why are the prices plummeting?  (Read 977 times)
bitcoinsrus (OP)
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February 21, 2014, 01:24:48 AM
Last edit: February 21, 2014, 01:41:40 AM by bitcoinsrus
 #1

Why are the prices plummeting?
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Dragonkiller
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February 21, 2014, 01:25:45 AM
 #2

overstock did not stop accepting btc
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February 21, 2014, 01:26:11 AM
 #3

Perhaps it's this thread! So effect.

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February 21, 2014, 01:26:32 AM
 #4

Price has been dropping.  Is it gox, overstock not accepting btc anymore, russia/china banning
All the above, manipulation etc?

thoughts appreciated

n00bs failing to verify news?
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February 21, 2014, 01:33:41 AM
 #5

Overstock has 0 risk by dealing with CoinBase...

As long as CoinBase is still operating merchant accounts, Bitcoin will be accepted.

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February 21, 2014, 01:35:37 AM
 #6

Ok, I know I've played to it, and made fun of it, but, seriously, too much of this community is really stupid.  lol

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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February 21, 2014, 01:36:46 AM
 #7

What's the odds that the price is falling because gox is dumping coins? Some of it has to be due to idiots not understanding what's going on, sure, but this much?

Look inside yourself, and you will see that you are the bubble.
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February 21, 2014, 01:38:05 AM
 #8

Gox isn't crashing. You're looking at the chart upside down.
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February 21, 2014, 01:39:41 AM
 #9

Gox isn't crashing. You're looking at the chart upside down.

You win this thread. Marvellous  Cheesy

"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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kireinaha
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February 21, 2014, 01:40:26 AM
 #10

lol and this is the same community that relishes in scolding journalists for getting facts wrong. i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!

Night gathers, and now my bitcoinwisdom watch begins.
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February 21, 2014, 01:51:16 AM
 #11

Quote
too much of this community is really stupid.

Quote
i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!

Okay, look into the future, either five minutes or five years.  Bitcoin is widely accepted, meaning the intelligence of the average bitcoin user is more or less equal to the intelligence of the average human (use your own language to express what I'm trying to express).

The fact (opinion?) that the intelligence of this community is falling below what would be expected (desired?) from an elite community is an inevitable symptom of widespread adoption of bitcoin, yes?

Or do you want only the smartest x% to adopt bitcoin?




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MatTheCat
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February 21, 2014, 02:23:46 AM
 #12

lol and this is the same community that relishes in scolding journalists for getting facts wrong. i swear at least half the people here are unable to perform a quick google search to verify information relating to their own investments!

Meaning?

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