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Author Topic: Bitcoin scam is comming to an end  (Read 2137 times)
ziemer
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October 18, 2011, 12:30:17 AM
 #1

Dropped from 30$ to 2.60 now... and still falling.

http://bitcoincharts.com/charts/chart.png?m=mtgoxUSD&v=1&t=S&noheader=1&height=80&width=750&r=60

Well some made money, others lost. Afterall a bitcoin is returning to its intrinsic value, which is ZERO.
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Raoul Duke
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October 18, 2011, 01:00:36 AM
 #2

It only went to $30 because some stupid dudes who thought they were smart took it to that point.

let it slide again to $0.80 and all will be fine Wink

cypherdoc
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October 18, 2011, 11:18:00 AM
 #3

i thought Bitcoin was bad b/c its a deflationary currency, rising in value with time, thus encouraging hoarding?

now Bitcoin is bad b/c its an inflationary currency, dropping in value with time, thus encouraging selling?
ElectricMucus
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October 18, 2011, 11:22:56 AM
 #4

Well some made money, others lost. Afterall a bitcoin is returning to its intrinsic value, which is ZERO.
Which probably means you bought at 20 USD  Tongue

This forum is full of manipulative shitposting.

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.
Revalin
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165YUuQUWhBz3d27iXKxRiazQnjEtJNG9g


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October 19, 2011, 10:14:02 AM
 #5

i thought Bitcoin was bad b/c its a deflationary currency, rising in value with time, thus encouraging hoarding?

now Bitcoin is bad b/c its an inflationary currency, dropping in value with time, thus encouraging selling?

Bitcoin is intrinsically a deflationary currency.  That caused hoarding, which caused a bubble, which inevitably leads to a blowoff.  That's fun for experienced investors and traders, but the whole cycle is bad for what I want: something stable enough to use as a transactional currency.

The strong scent of pyramid is driving away the people we need to adopt it to start growing an economy.

      War is God's way of teaching Americans geography.  --Ambrose Bierce
Bitcoin is the Devil's way of teaching geeks economics.  --Revalin 165YUuQUWhBz3d27iXKxRiazQnjEtJNG9g
RodeoX
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October 19, 2011, 01:33:51 PM
 #6

Well some made money, others lost.

Let me guess which category you fall into.  Besides it cant fall to zero. I have some coins I wont part with for less than $100.

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin=https://bitcointalk.org/index.php?topic=1610684
tsvekric
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October 19, 2011, 03:13:37 PM
 #7

if you're looking to get rid of your coins I'll take them off your hands  Wink
get out of the scam ASAP
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