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thedarksun (OP)
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March 18, 2014, 03:42:49 AM |
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We wont be seeing 1000 agian until fall at least. We are OF THE DEFLECTION, people.
Expect 300-600 the nearest months.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 18, 2014, 03:47:58 AM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient  |
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lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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March 18, 2014, 04:30:09 AM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient I like that statement for many reasons. To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/ |
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 18, 2014, 05:43:02 AM |
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Why do people still think we can make it past 1000 anytime soon?The biggest moves happen when good traders are taken by surprise. If BTC did somehow race above the all-time high, then a fast push to $3,500 is possible (estimate based on previous "insanity") If BTC goes below $300 (for example), it will hopefully bounce fast back to $600+, but could go much lower. No one knows for certain, but... It is *possible* we will see $3,500 within 12 to 18 months. 
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Siegfried
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March 18, 2014, 05:53:34 AM |
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History.
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 18, 2014, 06:42:56 AM |
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History.
Anytime soon = 30 days or 14 months? (for example) Once BTC gets moving, it tends to keep moving up, up, up, and that is just a start. |
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Hfertig
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March 18, 2014, 08:13:39 AM |
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I tend to believe that Bitcoin will never visit USD 1000 again.
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dreamspark
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March 18, 2014, 10:28:39 AM |
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Because Bitcoin But no seriously, everyone is expecting it to. As soon as we start moving in a definate up direction a lot of people take their coins of the exchanges, stop trading and hodl as most know how easy it is to get burned on a BTC bull run. Then with much less coins for sale the price invariably goes upwards panic buying ensues and que 2014 bubble. |
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anu
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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March 18, 2014, 11:36:07 AM |
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I tend to believe that there is one post per minute on this forum saying: I tend to believe that Bitcoin will never visit USD 1000 again.
... starting July 2011. |
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TERA
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March 18, 2014, 11:41:53 AM |
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Because people are under the impression that bitcoin is guaranteed a growth rate of 1000% per year every year, based on a 4 year old chart history.
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GigaCoin
Sr. Member
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Activity: 308
Merit: 251
Giga
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March 18, 2014, 12:22:24 PM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient He also said Bitcoin is a "mirage" and a "joke" and that we should all "Stay away" from it  |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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March 18, 2014, 12:31:30 PM |
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Because people are under the impression that bitcoin is guaranteed a growth rate of 1000% per year every year, based on a 4 year old chart history.
Place your bet? |
Look inside yourself, and you will see that you are the bubble.
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Zapffe
Newbie
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Activity: 28
Merit: 0
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March 18, 2014, 12:33:35 PM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient I like that statement for many reasons. To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/ People who think that bitcoin can replace fiat are the ones who learn about finance from youtube videos. To replace fiat, bitcoin supply should be fixed according to some practical everyday resource like oil, coal, corn etc. Only then it would have price stability. The pseudo-resource of fixed rate coin mining is a foolish way to control money. If bitcoin would become world currency, then unfair wealth distribution would increase tenfolds. |
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davidgdg
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March 18, 2014, 01:15:17 PM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient I like that statement for many reasons. To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/ People who think that bitcoin can replace fiat are the ones who learn about finance from youtube videos.... ...The pseudo-resource of fixed rate coin mining is a foolish way to control money..... Unlike Government printing presses? |
"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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CoinRocka
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March 18, 2014, 01:17:24 PM |
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Blockchain.info not helping.
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BitOnyx
Member
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Activity: 112
Merit: 10
Cryptocurrencies Exchange
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March 18, 2014, 01:19:04 PM |
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Well it can make past 1k, problem is when.
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spazzdla
Legendary
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Activity: 1722
Merit: 1000
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March 18, 2014, 01:20:24 PM |
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Blockchain.info not helping.
Seems to be driving LTC up |
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Sindelar1938
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March 18, 2014, 01:26:34 PM |
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Indeed, think we are about 3 months away from sustainably clearing $1k
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exocytosis
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March 18, 2014, 01:54:29 PM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient I like that statement for many reasons. To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/ People who think that bitcoin can replace fiat are the ones who learn about finance from youtube videos. To replace fiat, bitcoin supply should be fixed according to some practical everyday resource like oil, coal, corn etc. Only then it would have price stability. The pseudo-resource of fixed rate coin mining is a foolish way to control money. If bitcoin would become world currency, then unfair wealth distribution would increase tenfolds. You have a point. And I like your name. He was a good philosopher. |
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Zapffe
Newbie
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Activity: 28
Merit: 0
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March 18, 2014, 02:42:50 PM |
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Buffet once said - trading is process of redistributing wealth from least patient to most patient I like that statement for many reasons. To the OP: If you agree with the fundamental improvement of bitcoin over our fiat systems it would be easy to see why its value and price is/will be over $1000/coin/ People who think that bitcoin can replace fiat are the ones who learn about finance from youtube videos. To replace fiat, bitcoin supply should be fixed according to some practical everyday resource like oil, coal, corn etc. Only then it would have price stability. The pseudo-resource of fixed rate coin mining is a foolish way to control money. If bitcoin would become world currency, then unfair wealth distribution would increase tenfolds. You have a point. And I like your name. He was a good philosopher. Thank you. The irony with my name, is that I consider myself as an optimist. Visiting this forum makes me feel like an pessimist though, because I constantly want to balance this overly optimistic enthusiasm that is shown by most here about BTC. They think that them forcing this optimism towards BTC is helping to spread BTC, when I think that it is actually slowing down this entire process of financial evolution that started with BTC. |
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