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Author Topic: Final warning for those who sold their house  (Read 3980 times)
fr33d0miz3r (OP)
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April 28, 2014, 06:36:29 AM
Last edit: April 28, 2014, 07:02:47 AM by Blitz­
 #1

Just a reminder that we are entering the 2-year downtrend now. Remember: financial decisions based on nothing but emotions are not good decisions. How will you feel when your 648 coins will worth about $1296?
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April 28, 2014, 06:40:43 AM
 #2

$2 per coin. Really? Even I am not that bearish. I don't think it could possibly go below $140 unless there was a total failure of some sort. I got this number by connecting the support trendline from 2011-2012, and I'm not saying that it will even necessarily go there.
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April 28, 2014, 06:43:45 AM
 #3

$2 per coin. Really? Even I am not that bearish. I don't think it could possibly go below $140 unless there was a total failure of some sort. I got this number by connecting the support trendline from 2011-2012, and I'm not saying that it will even necessarily go there.

Could happen if FinCEN bans BTC
fr33d0miz3r (OP)
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April 28, 2014, 06:52:04 AM
 #4

Basing on my calculations, the fair price of 1 BTC is ~$0.13 now and it grows ~$0.015 (10%) per month.
Everything above it is a bubble.
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April 28, 2014, 06:57:57 AM
 #5

Gone pure late gay ham.

qft

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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April 28, 2014, 07:33:04 AM
 #6

A currency that wasn't supposed to exist, get banned by World Financial Institutions? Oh wow...

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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April 28, 2014, 07:42:49 AM
 #7

Basing on my calculations, the fair price of 1 BTC is ~$0.13 now and it grows ~$0.015 (10%) per month.
Everything above it is a bubble.

Based on my calculations - (M3/FED_Gold), the fair price of $1 is ~0.5 Milligrams of Gold and it falls about 1% per month. And thats only if the FED actually has any Gold. Everything above is a bubble.

You know what you and me have in common? Nobody cares about our calculations  Tongue

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fr33d0miz3r (OP)
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April 28, 2014, 07:46:22 AM
 #8

You know what you and me have in common? Nobody cares about our calculations  Tongue

No problem, man. My goal is just to warn you.  Wink
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April 28, 2014, 07:48:01 AM
 #9

A currency that wasn't supposed to exist, get banned by World Financial Institutions? Oh wow...

Its not a currency Smiley - according to said financial institutions.  How do you ban code?
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April 28, 2014, 08:08:26 AM
 #10

You know what you and me have in common? Nobody cares about our calculations  Tongue

No problem, man. My goal is just to warn you.  Wink

Appreciated. The thing with your calculation is this: According to YOUR formula, the fair value of Bitcoin will be ~$400 in 6 years, or ~$1,200 in 7 years. Markets tend to price in future expectations. Thus we can say that the current price of Bitcoin is fair already.

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April 28, 2014, 10:13:08 AM
 #11

I think the one who's emotional is you. You cannot fight the law of the universe which is mathematics and it is mathematically impossible what you opening up a whole new thread just to say. Let me guess...missed the boat? bought a falling knife? lost your coins on exchanges? hmm?
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April 28, 2014, 10:53:52 AM
 #12

Basing on my calculations, the fair price of 1 BTC is ~$0.13 now and it grows ~$0.015 (10%) per month.
Everything above it is a bubble.

Basing on my calculations, the IQ of the average bitcointalk forum member is ~70 now and it's decreasing by 1% per month. Everything in their brains is a bubble.

MCTRL_751 >   END OF LINE
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April 28, 2014, 02:16:17 PM
 #13

What
the
fu*k
does
this
have
to
do
with
me
selling
my
house?
zakalwe
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April 28, 2014, 02:19:54 PM
 #14

HAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

One more clown.......

my goodness, but you guys really have time to waste here?

Bitcoin is not a currency. Don't waste time to calculate.

LOL

I'll see you at 5.000$. After bailouts and cold wars.

Cheers.
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April 28, 2014, 02:20:32 PM
 #15

What
the
fu*k
does
this
have
to
do
with
me
selling
my
house?

Some dude on bitcointalk sold his parents' house for BTC. He's currently significantly underwater.


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April 28, 2014, 02:26:25 PM
 #16

$2 per coin. Really? Even I am not that bearish. I don't think it could possibly go below $140 unless there was a total failure of some sort. I got this number by connecting the support trendline from 2011-2012, and I'm not saying that it will even necessarily go there.

Could happen if FinCEN bans BTC
USA banning Bitcoin would be the best thing that could happen. It would prove Obama is from Kenya.  Grin

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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April 28, 2014, 02:52:03 PM
 #17

BitchicksHusband
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April 28, 2014, 03:28:06 PM
 #18

$2 per coin. Really? Even I am not that bearish. I don't think it could possibly go below $140 unless there was a total failure of some sort. I got this number by connecting the support trendline from 2011-2012, and I'm not saying that it will even necessarily go there.

Could happen if FinCEN bans BTC

FinCEN is not China.  They don't change their mind back and forth every day like the Chinese do.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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April 28, 2014, 03:45:34 PM
 #19

FinCEN is not China.  They don't change their mind back and forth every day like the Chinese do.

The PBOC has never flipped flopped on their December notice. It was clear from the beginning that banks could not deal with Chinese bitcoin businesses. Chinese exchange owners are the cause for the uncertainty.


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April 28, 2014, 03:58:15 PM
 #20

Some dude on bitcointalk sold his parents' house for BTC. He's currently significantly underwater.

Yep.

The grade A clown done it when Bitcoin was still in $600 range if I remember correctly. He is in for a whole lot more pain as well as this market is still in a continual deflationary spiral, relying on manipulated short squeezes to provide for the fleeting (yet voracious) rallys that intersperse the downwards grinding.

....wonder if we have had any Bitcoin suicides yet?

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