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Author Topic: The $100->$1200 BTC bubble!  (Read 3240 times)
Trance (OP)
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August 15, 2014, 12:02:22 AM
 #1

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Some people are so poor ALL they have is money
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August 15, 2014, 01:25:40 AM
 #2

you mean besides mt gox?

Trance (OP)
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August 15, 2014, 01:53:36 PM
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you mean besides mt gox?

lol this cracked me up!

is there a thread following what's going on with Mark (founder of GOX) etc

Some people are so poor ALL they have is money
shawshankinmate37927
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August 15, 2014, 02:43:51 PM
 #4

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Bitcoin isn't an investment, it's a currency.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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August 15, 2014, 02:46:50 PM
 #5

you mean besides mt gox?

lol this cracked me up!

is there a thread following what's going on with Mark (founder of GOX) etc

He walked away free and is now laughing at everyone with all his money under his bed.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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August 15, 2014, 02:51:54 PM
 #6

made from china, now there is a chance that chinese have the bag for that price

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August 15, 2014, 02:54:43 PM
 #7

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

All the hodlers made a huge amount of money during that bubble and the same will happen in few months, when we will hit the new all time high.
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August 15, 2014, 02:55:23 PM
 #8

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

All the hodlers made a huge amount of money during that bubble and the same will happen in few months, when we will hit the new all time high.

What makes you think we will hit a all time high though?
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August 15, 2014, 03:09:34 PM
 #9

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Bitcoin isn't an investment, it's a currency.
The most of people who are hoarding  BTC think it's an investment and are dreaming becoming millionaire one day!
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August 15, 2014, 03:16:02 PM
 #10

Before we see a new high I believe we need a big story. Like amazon or ebay adopting btc as payment options.



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Rainbot
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August 15, 2014, 03:17:39 PM
 #11

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?
Why focus on the past and looking for whom made money instead of focusing on the future and investment strategies to make profit?
Because they are envying others' success and regret they should have done like them when the time being. So I doubt they will ever get success.
shawshankinmate37927
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August 15, 2014, 03:19:34 PM
 #12

Bitcoin isn't an investment, it's a currency.
The most of people who are hoarding  BTC think it's an investment and are dreaming becoming millionaire one day!

Right, they are converting from one currency to another hoping that they will be able to convert back to the original currency at a much better exchange rate.  That's not investing, that's speculating.

If those people understood how the fiat scam works, and believed in Bitcoin, they wouldn't be interested in trying to accumulate fiat currencies.  They would be trying to escape from fiat currencies.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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August 15, 2014, 04:03:41 PM
 #13

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Meh sold around 30 coins for just shy of $100 each, 3 weeks later... $1000 each.
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August 15, 2014, 04:11:29 PM
 #14

alright then think about those who bought it around 1000$ mark thinking that the price is gonna reach 10000$ mark and suddenly found themselves below 500$ mark Tongue Tongue

shawshankinmate37927
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August 15, 2014, 04:16:55 PM
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Bitcoin isn't an investment, it's a currency.
It is both, if gold was able to be used in stores (and ultra divisible) it would be a currency and still an investment. You invest in bitcoin over Fiat because it's deflatory while fiats are the other and it's rarity will go up as the amount in circulation spreads to more and more people.

Hmmmm, interesting.....so if currencies are investments then the exchange rate is dropping because people are investing their bitcoins in dollars.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
shawshankinmate37927
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August 15, 2014, 04:25:48 PM
 #16

alright then think about those who bought it around 1000$ mark thinking that the price is gonna reach 10000$ mark and suddenly found themselves below 500$ mark Tongue Tongue

If they think that the exchange rate is going to go to $10,000 and they were happy to buy one bitcoin for $1000 then they should be even happier to be able to buy two bitcoins for $1000.  Instead of turning $1000 into $10,000, they can now turn $2000 into $30,000.  Smiley

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."   - Henry Ford
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August 15, 2014, 05:06:55 PM
 #17

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?
Why focus on the past and looking for whom made money instead of focusing on the future and investment strategies to make profit?


It won't be us drone missile, but a mob hit man, his days are numbered, start  counting, i bet he's dead by the end of 2015.. Hey Bitassassination anyone… Cant stop it… lol

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August 15, 2014, 05:07:59 PM
 #18

alright then think about those who bought it around 1000$ mark thinking that the price is gonna reach 10000$ mark and suddenly found themselves below 500$ mark Tongue Tongue

If they think that the exchange rate is going to go to $10,000 and they were happy to buy one bitcoin for $1000 then they should be even happier to be able to buy two bitcoins for $1000.  Instead of turning $1000 into $10,000, they can now turn $2000 into $30,000.  Smiley

Your math sux!
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August 15, 2014, 05:18:24 PM
 #19

Who made money during the $100 --> $1200 BTC spike, it was too easy which makes me think exchanges robbed people that listened and invested at $100 to get a return of at the least over $500. I was a victim of this selective scamming by BTC-E. How many people do you think made millions in profits off the BTC bubble?

Bitcoin isn't an investment, it's a currency.

No one is 100% sure it is currency alone, it  could also co exist as an asset and much more
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August 15, 2014, 05:26:40 PM
 #20

I made money during that huge rise, but lost all profit (and then some) when mt.cock ran off with all the btc.
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