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Author Topic: Broke 500. Rally for here or will it go back down?  (Read 5218 times)
bitcoinsrus (OP)
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April 24, 2014, 04:45:26 PM
Last edit: April 25, 2014, 01:52:18 PM by bitcoinsrus
 #1

edited post:  I know some wanted to get some 400 coins again, but it recently broke the 500 and seems like its going up.  Maybe pumpers out weighed dumpers? Thoughts?
[I feel bullish]
lonely@thetop
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April 24, 2014, 04:52:42 PM
 #2

To bull we need fresh money and good news. To bear we need no news or bad news. Where is the fresh money coming from with China out of the game? Seems we're bears for a while this time.
ElectricMucus
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April 24, 2014, 04:53:06 PM
 #3

That depends, do you think Secondmarket is ready to blow up the same way every other Bitcoin venture in history did anytime soon?
jamesc760
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April 24, 2014, 06:19:16 PM
 #4

Many more people are aware of bitcoin now but they haven't done anything about it. When the next bubble comes, these people will try to get in, thus fueling the rocket ride up past the moon. We don't need China at this point.
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April 24, 2014, 06:30:22 PM
 #5

I think it will stay where it is for now until people can make up their mind about what they want to do.  I'd say it is our job to keep others informed that aren't as knowledgeable about what is going on and why things are the way they are.
Melbustus
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April 24, 2014, 06:44:40 PM
 #6

That depends, do you think Secondmarket is ready to blow up the same way every other Bitcoin venture in history did anytime soon?

No. Care to wager?

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
ElectricMucus
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April 24, 2014, 06:49:33 PM
 #7

That depends, do you think Secondmarket is ready to blow up the same way every other Bitcoin venture in history did anytime soon?

No. Care to wager?

I'd rather just wait and keep some microwave popcorn at home. But I'm quite positive I'll have reason to eat it before it expires.

So there is my wager, sort of.
Meman
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April 24, 2014, 07:13:05 PM
 #8

In my opinion, the propability of a turnaround is below 50%.
Also 500$ for some digital data is way overpriced in my eyes.
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April 24, 2014, 07:29:44 PM
 #9

Also 500$ for some digital data is way overpriced in my eyes.




your argument is invalid

bitcoinsrus (OP)
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April 24, 2014, 07:32:52 PM
 #10

Also 500$ for some digital data is way overpriced in my eyes.




your argument is invalid

lol
btw what site is that?  overstock?
Chalkbot
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April 24, 2014, 07:41:48 PM
 #11

Also 500$ for some digital data is way overpriced in my eyes.




your argument is invalid

lol
btw what site is that?  overstock?

That's bitcoinstore.com. Where we all purchase our electronics.  Smiley
Meman
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April 24, 2014, 08:29:41 PM
 #12

Also 500$ for some digital data is way overpriced in my eyes.




your argument is invalid
Your argument is invalid. If BTC were at 50$, the BTC price of those gadgets would be 10x.
escrow.ms
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April 24, 2014, 09:43:44 PM
Last edit: April 24, 2014, 10:02:58 PM by escrow.ms
 #13

Your argument is invalid. If BTC were at 50$, the BTC price of those gadgets would be 10x.

Your argument in invalid, If BTC were at 1000$, the BTC price of those gadgets would be 0.5x
But We are talking about current price not past or future.

Ps: aren't you talking about current buying price?  If BTC were at 50$, you will get 10x btc too..
bitcoinsrus (OP)
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April 24, 2014, 11:47:33 PM
 #14

bring up my post

Today it went above 500.  The pumpers seem to outweigh the dumpers  Grin
Will it continue to go up.  Maybe 550?  Or will it stay 490-510 range?
Siegfried
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April 25, 2014, 12:01:41 AM
 #15

To bull we need fresh money and good news. To bear we need no news or bad news. Where is the fresh money coming from with China out of the game? Seems we're bears for a while this time.

China is not out of the game.
Wilhelm
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April 25, 2014, 12:06:44 AM
 #16

To bull we need fresh money and good news. To bear we need no news or bad news. Where is the fresh money coming from with China out of the game? Seems we're bears for a while this time.

China is not out of the game.

+1

If anything China might actually still get into the game.
As far as I know it is not banned or illegal, the problem is decyphering the government information on bitcoin.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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April 25, 2014, 12:28:56 AM
Last edit: April 25, 2014, 12:46:18 AM by Ibian
 #17

Give it a rest people. Nothing below 800 counts. Also I hate when people change the title of threads.

Look inside yourself, and you will see that you are the bubble.
bitcoinsrus (OP)
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April 25, 2014, 12:52:56 AM
 #18

Give it a rest people. Nothing below 800 counts. Also I hate when people change the title of threads.

Yea, looks like I was a bit eager (sub 500 for now).  I thought the new title was similar to the older title @the thread change and I didn't want to make a new thread for this (kind of similar) topic.  What are your thoughts about this return to the 490-510 region?  Bearish or bullish?
Le Happy Merchant
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April 25, 2014, 12:53:42 AM
 #19

Your argument is invalid. If BTC were at 50$, the BTC price of those gadgets would be 10x.

Holy shit, I've never wanted to ignore anyone just for being dumb before, but you're really tempting me.

Siegfried
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April 25, 2014, 12:58:30 AM
 #20

To bull we need fresh money and good news. To bear we need no news or bad news. Where is the fresh money coming from with China out of the game? Seems we're bears for a while this time.

China is not out of the game.

+1

If anything China might actually still get into the game.
As far as I know it is not banned or illegal, the problem is decyphering the government information on bitcoin.


There are hundreds of billions of dollars/RMB from corruption that need to be secured/laundered, among many other reasons why Chinese will increasingly want Bitcoin.
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