jhajduk (OP)
Newbie
 Offline
Activity: 26
Merit: 0
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January 24, 2012, 11:53:03 PM |
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need i say more?
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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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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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January 25, 2012, 12:02:39 AM |
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yeah, das right!
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gurg2.o
Newbie
Offline
Activity: 42
Merit: 0
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January 25, 2012, 12:59:21 AM |
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lol
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tarrant_01
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January 25, 2012, 01:29:53 AM |
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That straight line is sooooooo boooorrrriiiiinnnnggggg, yet so reassuring.
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1P95gCUCw3Tjb7yyoYtW3ARZZQyTpFgk6H
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gurg2.o
Newbie
Offline
Activity: 42
Merit: 0
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January 25, 2012, 01:31:55 AM |
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Quite so  |
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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January 25, 2012, 01:40:42 AM |
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What a difference from last week.
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GeniuSxBoY
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January 25, 2012, 01:41:38 AM |
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Shit is going to hit the fan. I can feel it. I pulled all my bids.
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Be humble!
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gurg2.o
Newbie
Offline
Activity: 42
Merit: 0
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January 25, 2012, 01:43:16 AM |
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Hmm
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Oldminer
Legendary
Offline
Activity: 1022
Merit: 1001
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January 25, 2012, 02:05:40 AM |
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I pulled all my bids.
Time to buy up guys  |
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GeniuSxBoY
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January 25, 2012, 02:10:34 AM |
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yeh right, who is going to buy $1 million in bitcoins to get us passed $7.22? Hmph.
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Be humble!
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gurg2.o
Newbie
Offline
Activity: 42
Merit: 0
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January 25, 2012, 02:13:09 AM |
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Done.  |
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bittenbob
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January 25, 2012, 02:20:14 AM |
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yeh right, who is going to buy $1 million in bitcoins to get us passed $7.22? Hmph.
It's called leverage and liquidations on Bitcoinica. It would take significantly less capital than $1m to do this since a small change in price can cause a snowball effect of liquidations on bitcoinica. |
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bittenbob
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January 25, 2012, 02:31:33 AM |
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yeh right, who is going to buy $1 million in bitcoins to get us passed $7.22? Hmph.
It's called leverage and liquidations on Bitcoinica. It would take significantly less capital than $1m to do this since a small change in price can cause a snowball effect of liquidations on bitcoinica. Not a chance... It will take approximately $1M. How much did it take to push us from $3 to $7 in such short order? I thought that was impossible until I saw it happened and I am pretty sure it required more capital than $1m. I am not saying we are going up from here but what I am saying is that anything is possible. |
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Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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January 25, 2012, 02:40:03 AM |
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You guys wait and see. When this magazine we're making goes mainstream, you're going to see every tech savvy person in the USA buying bitcoins. http://www.bitcoinmagazine.net |
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GeniuSxBoY
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January 25, 2012, 03:07:22 AM |
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Be humble!
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Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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January 25, 2012, 03:17:42 AM |
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SlaveInDebt
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January 25, 2012, 03:32:10 AM |
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"A banker is a fellow who lends you his umbrella when the sun is shining, but wants it back the minute it begins to rain." - Mark Twain
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Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
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January 25, 2012, 03:39:39 AM |
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Hang in there. I'm working on a revolutionary new social network that will cure that for ya, scouts honor. |
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Sargasm
Member
Offline
Activity: 112
Merit: 10
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January 25, 2012, 03:50:40 AM |
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Hang in there. I'm working on a revolutionary new social network that will cure that for ya, scouts honor. You can broadcast a message... FROM YOUR CELLPHONE. |
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