notme
Legendary
 Offline
Activity: 1904
Merit: 1002
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March 06, 2012, 06:55:23 PM |
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It is truly incredible how well Nagle’s MA is holding up. AGAIN.  We're breaking it! Let's hope this continues! Meh, down a little first. |
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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March 06, 2012, 07:24:40 PM |
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Don't forget, guys. The weekend is coming.
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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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labestiol
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March 06, 2012, 07:26:01 PM |
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You shouldn't have close you position proudhon  disclosure : i had nearly the same as you, still open, even increased. Now let's hope i'm right  |
1BestioLC7YBVh8Q5LfH6RYURD6MrpP8y6
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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March 06, 2012, 07:52:52 PM |
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Don't forget, guys. The weekend is coming.
C'mon now.... It's only Tuesday. |
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BTCurious
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March 06, 2012, 08:26:35 PM |
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Don't forget, guys. The weekend is coming.
Last weekend it increased. I distinctly remember laughing at the predictions of drops  |
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Crypt_Current
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March 06, 2012, 08:32:17 PM |
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Don't forget, guys. The weekend is coming.
Last weekend it increased. I distinctly remember laughing at the predictions of drops Don't forget guys, Proudhon is never sarcastic. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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March 06, 2012, 08:33:04 PM |
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Don't forget, guys. The weekend is coming.
Last weekend it increased. I distinctly remember laughing at the predictions of drops You mean the price recovered to where it was before it dropped on Friday. |
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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teflone
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March 06, 2012, 09:22:16 PM |
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Don't forget, guys. The weekend is coming.
Last weekend it increased. I distinctly remember laughing at the predictions of drops You mean the price recovered to where it was before it dropped on Friday. lol |
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Clark
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March 06, 2012, 09:57:09 PM |
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People gotta sell to raise funds for Spring Break.
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N12 (OP)
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
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March 14, 2012, 12:34:47 AM |
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Nagle, are you long yet? You are suspiciously quiet.
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Herodes
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February 06, 2013, 06:34:09 PM |
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Where's Nagle when we need him ? What's the endgame Nagle ? He just went quiet ? OMG ! |
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 06, 2013, 06:50:51 PM |
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tvbcof
Legendary
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Activity: 4592
Merit: 1276
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February 06, 2013, 07:39:43 PM |
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Where's Nagle when we need him ? What's the endgame Nagle ? He just went quiet ? OMG ! I saw his sidekick ~proudhon a month or so ago. As usually, he was calling for a price collapse. That was heartening because when he does so, the price usually goes up. And sure enough, we are up like 50% since by my rough reckoning. |
sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Spaceman_Spiff
Legendary
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Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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February 06, 2013, 07:57:49 PM |
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oakpacific
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February 07, 2013, 07:50:13 AM |
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How do you guys not see the history and the cycle? It happens every single effing month. The price crashes by ~20 to 50%, people panic and say Btcoin is dead, It stays down for about a week then the price rises, and people all say that this is the turning point. Eventually the price falls in line with the same straight (log) line of slow decline that it has been on since the middle of the summer and everyone declares that Bitcoin has stabilized. Then it happens again. It happened first in June, it happened in July, it happened in August, it happened in September, it happened in October, and now it's happening in November yet everyone is surprised every month.
Right. BTC/USD, last 5 months, with 30 day trailing moving average.I've been saying "long, slow slide" for months. It's still not clear what the endgame is. It hardly matters at this point, though. As I point out occasionally, if one business the size of a typical single supermarket used Bitcoins, liquidating their daily receipts would crash the market. Bitcoin is now too dinky to be used as a currency. I prefer this, this is what has been decisively proven wrong, we have businesses larger than a single supermarket using Bitcoins, their daily liquidations did not crash the market. |
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notme
Legendary
Offline
Activity: 1904
Merit: 1002
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February 08, 2013, 06:55:58 AM |
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How do you guys not see the history and the cycle? It happens every single effing month. The price crashes by ~20 to 50%, people panic and say Btcoin is dead, It stays down for about a week then the price rises, and people all say that this is the turning point. Eventually the price falls in line with the same straight (log) line of slow decline that it has been on since the middle of the summer and everyone declares that Bitcoin has stabilized. Then it happens again. It happened first in June, it happened in July, it happened in August, it happened in September, it happened in October, and now it's happening in November yet everyone is surprised every month.
Right. BTC/USD, last 5 months, with 30 day trailing moving average.I've been saying "long, slow slide" for months. It's still not clear what the endgame is. It hardly matters at this point, though. As I point out occasionally, if one business the size of a typical single supermarket used Bitcoins, liquidating their daily receipts would crash the market. Bitcoin is now too dinky to be used as a currency. I prefer this, this is what has been decisively proven wrong, we have businesses larger than a single supermarket using Bitcoins, their daily liquidations did not crash the market. Right, it only took a day to recover from the recent 50 BTC dump. |
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Herodes
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February 08, 2013, 03:57:47 PM |
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The funny thing is that he's just left his site with all the negative ramblings about bitcoin up. Like he's decided that Bitcoin shall and must fail, and that even if it doesn't, he sure as heck won't admit it. That's kind of laughable. It would be more respectable to candidly say that his murky expectations for bitcoin has yet to manifest themselves.
He just loses credibility this way. Also note that he was always interested in throwing negativity on bitcoin, yet he was never interested in discussing, just mindlessly stating his opinion.
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cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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February 08, 2013, 04:00:41 PM |
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The funny thing is that he's just left his site with all the negative ramblings about bitcoin up. Like he's decided that Bitcoin shall and must fail, and that even if it doesn't, he sure as heck won't admit it. That's kind of laughable. It would be more respectable to candidly say that his murky expectations for bitcoin has yet to manifest themselves.
He just loses credibility this way. Also note that he was always interested in throwing negativity on bitcoin, yet he was never interested in discussing, just mindlessly stating his opinion.
his website is filled with nothing but negativity. just look at his menus. the image i posted above from his site is probably indicative of his entire life. |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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April 14, 2013, 07:34:09 PM |
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Ahh feels like the good old days. I welcome nagle to the great bear picnic. |
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