Jonathan Ryan Owens (OP)
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November 24, 2011, 11:33:53 AM |
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Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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bulanula
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November 24, 2011, 11:36:41 AM |
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Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready? More "$100 by Christmas" trolling I see ?
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Jonathan Ryan Owens (OP)
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November 24, 2011, 11:37:23 AM |
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Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready? More "$100 by Christmas" trolling I see ? I'm 100% serious. $1000 by Christmas. Don't be such a bear, balanula.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 11:42:00 AM |
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What is it they say? Aim for the stars, maybe you'll get chorus girls.
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Hotdog453
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November 24, 2011, 11:46:17 AM |
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I see it hitting 1001$.
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 24, 2011, 11:59:29 AM |
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Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 12:12:21 PM |
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Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague.
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netrin
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November 24, 2011, 12:14:44 PM |
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2013-01-01 $1000+
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 24, 2011, 12:15:03 PM |
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Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague. repugnant reply removed. poster ignored.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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julz
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November 24, 2011, 12:16:33 PM |
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Everyone in this thread is a bear, It'll be over nine thousand by Christmas for sure. I personally guarantee I'm willing to sell at that price - which makes me a bear too!
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@electricwings BM-GtyD5exuDJ2kvEbr41XchkC8x9hPxdFd
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Raoul Duke
aka psy
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November 24, 2011, 12:18:05 PM |
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Well, I hope it gets to that price, that way you'll be able to pay for the rights to use a picture that's not watermarked...
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MimiTheKid
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November 24, 2011, 12:19:09 PM |
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The $-price for bitcoins will be over 9000, at least, but the €-price will be 2 or so.
PS: I had to write this.
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Mageant
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November 24, 2011, 12:20:51 PM |
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Which year?
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cjgames.com
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Jonathan Ryan Owens (OP)
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November 24, 2011, 12:22:06 PM |
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Well, I hope it gets to that price, that way you'll be able to pay for the rights to use a picture that's not watermarked...
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 24, 2011, 12:23:59 PM |
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OK, maybe I'm too serious sometimes so I'll play along. Bitcoin will be eleventy 'leven bazillion tomorrow. Yayz
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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November 24, 2011, 12:28:14 PM |
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I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.
I don't think the thread is very funny, btw.
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Denarium closing sale discounts now up to 43%! Check out our products from here!
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cbeast
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Let's talk governance, lipstick, and pigs.
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November 24, 2011, 12:29:16 PM |
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Ok, where is Cosby? I know he's here somewhere.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 12:48:57 PM |
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I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.
I don't think the thread is very funny, btw.
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Cluster2k
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November 24, 2011, 12:50:41 PM |
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It's going to hit $1000 by Jan 1 for sure.
$1000 Zimbabwean dollars.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 12:53:32 PM |
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It's going to hit $1000 by Jan 1 for sure.
$1000 Zimbabwean dollars.
At least when my currency devalues, it doesn't get heavier to buy a loaf of bread. Million dollar idea: Bitcoin for loaves of bread. Shipped.
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Cluster2k
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November 24, 2011, 12:58:18 PM |
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It's going to hit $1000 by Jan 1 for sure.
$1000 Zimbabwean dollars.
At least when my currency devalues, it doesn't get heavier to buy a loaf of bread. Million dollar idea: Bitcoin for loaves of bread. Shipped. Look on the bright side. At least they had no shortage of toilet paper. Savvy speculators snapped up mint condition Zimbabwean banknotes and put them on eBay. I bought a $1 trillion Zimbabwean banknote a few months ago, to go with my Yugoslavian 500 billion dinar banknote. A 50 million Weimar Republic banknote also joined the collection.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 01:02:05 PM |
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It's going to hit $1000 by Jan 1 for sure.
$1000 Zimbabwean dollars.
At least when my currency devalues, it doesn't get heavier to buy a loaf of bread. Million dollar idea: Bitcoin for loaves of bread. Shipped. Look on the bright side. At least they had no shortage of toilet paper. Savvy speculators snapped up mint condition Zimbabwean banknotes and put them on eBay. I bought a $1 trillion Zimbabwean banknote a few months ago, to go with my Yugoslavian 500 billion dinar banknote. A 50 million Weimar Republic banknote also joined the collection. New Million Dollar Idea: Bitcoin Toilet Paper, each sheet with its own private key.
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proudhon
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November 24, 2011, 01:21:44 PM |
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Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready? More "$100 by Christmas" trolling I see ? I'm 100% serious. $1000 by Christmas. Don't be such a bear, balanula. I'm 100% serious. No higher than $3 by Christmas. Don't be such a bull.
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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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BadBear
v2.0
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November 24, 2011, 02:11:16 PM Last edit: November 24, 2011, 02:57:26 PM by BadBear |
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Bears representing. Quoting this on the second.
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proudhon
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November 24, 2011, 02:51:14 PM |
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I don't think it'll be much longer before we see all the bids above 2.15 wiped out, the big walls disappear, and the price finally move below $2.00.
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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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bitcoinBull
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rippleFanatic
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November 24, 2011, 03:39:11 PM |
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Million dollar idea: Bitcoin for loaves of bread. Shipped.
Do twinkies count as bread? In all seriousness, the Christmas present I'm wishing for is $5 BTC. I'd be ecstatic with that.
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College of Bucking Bulls Knowledge
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dancupid
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November 24, 2011, 03:44:15 PM |
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I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
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antoineph
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November 24, 2011, 03:54:35 PM |
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I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
That would probably be more reasonable the other way around.
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dancupid
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November 24, 2011, 03:57:50 PM |
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I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
That would probably be more reasonable the other way around. Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing.
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antoineph
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November 24, 2011, 03:59:44 PM |
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I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
That would probably be more reasonable the other way around. Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing. All I meant was it's more in line with the odds (1000:1?), but odds are subjective so then again maybe not. besides, if it did go to $1000 per BTC then you'd be able to afford $1000
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dancupid
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November 24, 2011, 04:01:30 PM |
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I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
That would probably be more reasonable the other way around. Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing. All I meant was it's more in line with the odds (1000:1?), but odds are subjective so then again maybe not. besides, if it did go to $1000 per BTC then you'd be able to afford $1000 Ok - yeah I see what you mean
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netrin
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November 24, 2011, 04:06:20 PM |
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I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.
I don't think the thread is very funny, btw.
Would you like to make a gentleman's wager of one bitcoin that your wet dream will be fulfilled long before then? EDIT: Damn, you guys are fast posters!
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dancupid
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November 24, 2011, 04:22:05 PM |
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I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.
I don't think the thread is very funny, btw.
Would you like to make a gentleman's wager of one bitcoin that your wet dream will be fulfilled long before then? EDIT: Damn, you guys are fast posters! I'm fast at everything - ask my wife
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netrin
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November 24, 2011, 04:35:35 PM |
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proudhon
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November 24, 2011, 05:33:50 PM |
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Ok, fess up, who's doing the buying right now?
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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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BTCurious
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November 24, 2011, 05:38:21 PM |
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Would if my money had arrived yet
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Serge
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November 24, 2011, 05:55:39 PM |
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speculation gone wild =)
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tvbcof
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November 24, 2011, 06:10:08 PM |
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Ok, fess up, who's doing the buying right now?
I imagine that a lot of people don't want to get left behind and are at least hedging in. But why would one want to respond to your query? I mean if you wait until after the fact, you can come back on these forum boards and brag about what a genius you are no matter what happens.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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netrin
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November 24, 2011, 06:25:09 PM |
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I'll preemptively brag about admit to current highly leveraged short loss.
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Fiyasko
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Okey Dokey Lokey
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November 24, 2011, 06:32:46 PM |
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I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT. THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.
The only damn reason i can see asto why people want value to drop is this: 1.To buy and resell 2.So that coins get "adopted" as a type of money.
It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!
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tvbcof
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November 24, 2011, 06:35:20 PM |
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I'll preemptively brag about admit to current highly leveraged short loss.
You're a bigger man then most then and win/lose/draw, you have some respect from me for it. If you are not planning to pop up with a yarn about how you were also cleverly hedged and made a bundle should some other scenario transpire that is. In kind, I'll admit to having just made another relatively small purchase at market (on Tradehill.) This mainly because I am shooting for another round number for deep storage, and I'll be gone most of the day. The ask-face is huge there, and I should be able to pick up coins for this price for some time, but I fear that a large percentage of the asks are controlled by one person who may move things. Also, I was playing the drop-outs on Tradehill over the last week and made a little bit.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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netrin
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November 24, 2011, 06:44:00 PM |
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If you are not planning to pop up with a yarn about how you were also cleverly hedged and made a bundle should some other scenario transpire that is.
I respect your respect. I've also posted all of my trade plans on this forum based on Elliott waves well in advance for the past two months. You're free to read them. I'm doing quite well on the whole despite this nervous little up tick. I'm off to walk the dog and hope to still have a shirt when I get back.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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November 24, 2011, 06:45:53 PM |
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It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise! Indeed, $1 makes no sense and the price will never be stable at $1. In fact the price will not be "stable" at all until the market and the economy are a lot bigger. But what we do need is bottom stabilization, meaning that the price drop needs to stop. Right now it certainly looks like $2 is the place it stops, we've had a bounce from $2 three times already and the first one was way back, in Bitcoin time. No one can no for sure but what we do know is that $2 is the strongest support price Bitcoin has ever had (at least after the peak). I personally hope $2 remains as the bottom because it's about time we establish one. A bottom is something Bitcoin needs desperately.
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Denarium closing sale discounts now up to 43%! Check out our products from here!
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netrin
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November 24, 2011, 06:47:48 PM |
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I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT. THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.
The only damn reason i can see asto why people want value to drop is this: 1.To buy and resell 2.So that coins get "adopted" as a type of money.
It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!
That's a whole lot of presumption there. Fuck you too. You can just ask, if you'd like your tangle of views unwound.
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Fiyasko
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Okey Dokey Lokey
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November 24, 2011, 07:00:15 PM |
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I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT. THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.
The only damn reason i can see asto why people want value to drop is this: 1.To buy and resell 2.So that coins get "adopted" as a type of money.
It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!
That's a whole lot of presumption there. Fuck you too. You can just ask, if you'd like your tangle of views unwound. Am i the only one that was understanding what he was saying to me all the way until "unwound"
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netrin
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November 24, 2011, 09:01:20 PM |
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Am i the only one that was understanding what he was saying to me all the way until "unwound"
Was the reference too esoteric? You expressed conclusions based on unsound conclusions based on views (perhaps your own fears and concerns) based on further presumptuous views. I do not want bitcoin to drop. I have not alluded to bitcoin parity. It's a pity that you hate people with different desires. It's a greater pity if you hate them because you incorrectly believe their desires conflict with your own. If you want bitcoin prices to go up, should you then hate anyone who does not buy? Anyway, your liberal use of absolutes such as 'all', 'only', 'never', 'need', and enumeration should be a warning to check yourself, as whatever you are saying, you are probably incorrect. So, if you would like your tangle of views unwound, just ask and I will do my best to enlighten you.
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Jonathan Ryan Owens (OP)
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November 24, 2011, 10:44:37 PM |
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I disagree that Bitcoin can't be stable at $1.
Bitcoin can be stable at $1 when market makers come in and put up 500k in non staggered ask at 1.04 and 500k in non staggered bid at 0.96. Everyone else can trade in that window.
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d.james
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November 25, 2011, 02:58:21 AM |
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why stop at $1000???
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You can not roll a BitCoin, but you can rollback some. Roll me back: 1NxMkvbYn8o7kKCWPsnWR4FDvH7L9TJqGG
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proudhon
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November 25, 2011, 03:26:13 AM |
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Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.
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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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paraipan
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November 25, 2011, 03:42:23 AM |
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BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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netrin
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November 25, 2011, 04:16:02 AM |
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Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.
Will you buy and hold a coin just in case?
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proudhon
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November 25, 2011, 05:10:33 AM |
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Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.
Will you buy and hold a coin just in case? Just did.
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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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Fiyasko
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Okey Dokey Lokey
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November 25, 2011, 06:04:32 AM |
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I hate how i posted here, Now it keeps popping up in New Relpies, Anyone know how to turn that crap off?
On topic, I think the price of a btc is going to stay at around 2.2, So that the miners mining them pay for they're own power, And have heating
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BTCurious
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November 25, 2011, 07:28:52 AM |
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I hate how i posted here, Now it keeps popping up in New Relpies, Anyone know how to turn that crap off? You can't. The only way I found effective is killing the thread.
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tvbcof
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November 25, 2011, 07:50:14 AM |
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If you are not planning to pop up with a yarn about how you were also cleverly hedged and made a bundle should some other scenario transpire that is.
I respect your respect. I've also posted all of my trade plans on this forum based on Elliott waves well in advance for the past two months. You're free to read them. I'm doing quite well on the whole despite this nervous little up tick. I'm off to walk the dog and hope to still have a shirt when I get back. I think that that is true, Netrin, (your openness in posting) and in fact is a big factor in my continuing to hold hope for another dip. In spite of being pretty dubious about Elliot wave stuff I've been holding funds earmarked for the $1.xx possibility. About 1/3 of them was what I dumped this morning before heading out for Thanksgiving dinner. I had had a buy in for 15 or 20 cents below market to catch another dip, but they had not happened for a long time. Just minutes after I pulled it and made a purchase at market, there's another dip. Oh well. It's not like it's a great deal of money or anything...just the principle I guess.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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netrin
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November 25, 2011, 01:22:21 PM Last edit: November 25, 2011, 02:10:49 PM by netrin |
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To be honest, I suspect Elliott waves are a bit dubious as well and joke about numerology and my astrology charts. I post my charts to keep myself honest and to learn from others. But I really enjoy reading dismissive posts by people with no strategy at all, who share new theories about direction dreamed up on the spot at every arbitrary change of price. I can only imagine they are losing their fortunes. Whether luck, forced patience, or substance, Elliott waves have made me a much more successful trader. I've nailed some pretty accurate highs and lows which continue to amaze me. I'm still at a potential loss since yesterday, and I must say it's nerve racking to stick to the plan, continue selling as prices boldly rise or to choose a bottom and buy after prices have fallen off a cliff. But to do otherwise is to submit to Mara, the temptations of emotion, the sure strategy of loss.
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kjlimo
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November 25, 2011, 03:33:18 PM |
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Ok, fess up, who's doing the buying right now?
This guy. I'll by at anything less than $2.
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Cluster2k
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November 26, 2011, 02:36:00 AM |
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But to do otherwise is to submit to Mara, the temptations of emotion, the sure strategy of loss.
I prefer to get my trading tips from Cassandra. Problem is, I never believe her.
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netrin
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November 26, 2011, 07:59:35 AM |
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Cassandra sums up all analysis. Well, except for the clear foresight (or hearing in her case).
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nomoreheroes7
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October 16, 2014, 06:38:00 PM |
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I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...
Also, lol.
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MrBig
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October 16, 2014, 06:55:14 PM |
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I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...
Also, lol.
You do realize that you bumped a thread from 2011 right?
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nomoreheroes7
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October 16, 2014, 06:58:11 PM |
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I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...
Also, lol.
You do realize that you bumped a thread from 2011 right? Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year... I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed...
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Dafar
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October 17, 2014, 06:39:34 AM |
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I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...
Also, lol.
You do realize that you bumped a thread from 2011 right? Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year... I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed... I miss the happy days
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touhonoob
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October 17, 2014, 06:45:56 AM |
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I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.
I don't think the thread is very funny, btw.
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pattu1
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October 17, 2014, 04:52:25 PM |
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$1000 seems like a ridiculously high figure.
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Tzupy
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October 17, 2014, 05:27:26 PM |
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... Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year... I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed...
Not everyone. And during April 2013 some were sure that price will rise to 10k$ soon, during December 2013 more were sure it will rise to 40k$ soon. The OP implied January 2012, and he was very wrong. Just like those who now still believe it will rise to 5k$ by 1st January 2015.
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Sometimes, if it looks too bullish, it's actually bearish
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CoinTraders.club
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October 18, 2014, 06:59:36 AM |
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I highly doubt that the price will reach back to $1000 by January 2015... or any time soon. There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.
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inca
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October 18, 2014, 08:13:54 AM |
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I highly doubt that the price will reach back to $1000 by January 2015... or any time soon. There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.
You correctly predicted the Need and spark of interest that drove previous bubbles, right? Wait..
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wunkbone
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October 18, 2014, 12:41:18 PM |
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I highly doubt that the price will reach back to $1000 by January 2015... or any time soon. There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.
We just need rusia and china to un-ban bitcoin and we would easily reach that level..
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CoinTraders.club
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October 18, 2014, 02:55:06 PM |
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I highly doubt that the price will reach back to $1000 by January 2015... or any time soon. There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.
You correctly predicted the Need and spark of interest that drove previous bubbles, right? Wait.. I'm just voicing my opinion. I'm not trying to convince anyone to believe that my predictions are accurate. Were all of your previous predictions correct? I simply don't see a very urgent need for most people to switch to using Bitcoins very soon. A lot of infrastructure still needs to be put in place. It is still quite difficult for the average person to even be able to purchase Bitcoins for use, in the first place. I am not saying that I think Bitcoins will be a Failure. I strongly believe that Bitcoins will be the "Future"; I think that is inevitable at this point. I just don't think that the price of Bitcoins will stabilize over $1000 USD in the year 2015.
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faince222
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October 18, 2014, 05:23:45 PM |
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You have to think that we can not decide price of Bitcoin. Many people (me too) thought that bitcoin price in this period must be of 7-800$ and price now is 380$. So, don't hope that in 1Jan price will be 1000$. Anyway I think that price will move up to 1000-3000$ by 2016 years.
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Kapyong
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November 26, 2017, 03:07:01 AM |
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Just to make a point -
$1,000 seemed high only six years ago.
$10,000 seems high now.
When it hits $20,000 that will seem high too. Until $50,000 ...
BTC is designed, and expected, to increase in price for ever, it's fundamentals are sound, and the chance of everyone suddenly changing their minds is essentially zero.
It doesn't have to crash, it may not crash, I don't think it will ever crash.
Kapyong
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