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Author Topic: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!  (Read 1177 times)
spiderbrain (OP)
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August 21, 2014, 03:25:36 AM
 #1

Oh, sorry, I thought I was falling for a second there. My apologies, as you were.

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GangkisKhan
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August 21, 2014, 03:42:53 AM
 #2

Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.
Ibian
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August 21, 2014, 04:23:05 AM
 #3

Price is crashing up! It's the beginning of bitcoin! Everyone buy before it's too late!

Look inside yourself, and you will see that you are the bubble.
spud21
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August 21, 2014, 12:20:29 PM
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Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.

How do you work out the cost of producing each coin from the network difficulty, and why are they selling lower than your calculated cost to produce them?
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August 21, 2014, 02:47:39 PM
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There are no such speculations nor any recent incidences hinting it will fall down again. Its rising slowly and well.
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August 21, 2014, 02:48:58 PM
 #6

Noo, it's not crashing! We'll continue going up from now on!
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