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jdun
Member
 Offline
Activity: 84
Merit: 10
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May 24, 2014, 01:17:08 AM |
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I'm not convinced. ATM's have been installed in several countries around the world and I have never seen a relatively large price rise as a result. I think people are just realizing that bitcoin is a worthwhile investment in the current buy price.
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Ron~Popeil
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May 24, 2014, 05:04:05 AM |
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It took a beating and the basement was higher than most people thought. With a couple of weeks of relative price stability it looks like a safe bet to a lot of people. Hopefully the speculators stay spooked so we can see some organic growth.
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gondel
Legendary
Offline
Activity: 1946
Merit: 1005
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May 25, 2014, 02:33:08 PM |
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HI,
You mean that there is btc ATM in Poland already? This is fuckin awsome . Hope someone in Bulgaria decide to do something similar but here we are just a fill who are using BTC and also accepting it as payment.
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maurya78
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May 25, 2014, 03:10:40 PM |
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Theories all sound far fetched
Truth is nobody really know why px is going up
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Professor Plums
Member
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Activity: 105
Merit: 10
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May 25, 2014, 04:39:03 PM |
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I seriously doubt that had anything to do with it.
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PolarPoint
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May 25, 2014, 05:31:26 PM |
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I am happy for Poles that they will be having bitcoin ATMs soon. I do not want to be condescending, The market in Poland is far too small to move the price of bitcoin up by this much.
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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May 25, 2014, 07:28:54 PM |
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thats not true at all .. lol .. 1 ATM in poland to push value ... thats so childish to say that
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kerafym
Full Member
Offline
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
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May 25, 2014, 09:37:26 PM |
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Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
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MyPotPlantDied
Member
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Activity: 71
Merit: 10
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May 25, 2014, 09:41:53 PM |
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Next theory please  |
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hulk
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May 27, 2014, 01:31:30 AM |
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That has nothing to do with the price going up. I believe the sell pressure has stopped so it went up |
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kingscrown (OP)
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May 28, 2014, 02:21:20 AM |
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Not to mention Poland is too small of small country to have have any significant change in bitcoin value.
Poland is almost 40 mil country and in top10 of BTC users. The country is NOT pushing it, but actions happening in PL *may* push other nations to also act. Notice day or two after PL Bitcoin Embassy 1 opened in France. I just think activity of 'small' country makes others act. Just as inspiration. ANd yes im well aware it might be coincidence but wanted everyone to see whats happening in PL last days/weeks. |
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onlyu
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May 28, 2014, 04:38:31 AM |
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Supply and demand.
Miners hording bitcoin and hoping they can recoup the cost of ASIC.
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dadugan
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May 28, 2014, 10:24:30 AM |
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Lots of bitcoin is being held by US government and hence remove from circulation.
A small increase in demand can push the price very high.
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wenben
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May 28, 2014, 10:55:52 AM |
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The Mit lecture series probably contribute into the increase in demand.
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DolanDuck
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May 28, 2014, 11:17:22 AM |
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The current low market cap of Bitcoin means that any investor with deep enough pockets can significantly change/manipulate the rate.
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blatchcorn
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May 28, 2014, 11:40:09 AM |
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Theories all sound far fetched
Truth is nobody really know why px is going up
It is not far-fetched to say the market is having a correction because bitcoin was under-valued |
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madken7777
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May 28, 2014, 02:02:37 PM |
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The current price is always the fair price.
Won't say it is under valued.
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gts476
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May 29, 2014, 07:56:20 PM |
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spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
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May 29, 2014, 08:24:03 PM |
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I bought 100 000 BTC, I'll drive the price up to 5k then see if it will hold, enjoy.
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