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Author Topic: GABI is here, price is lower  (Read 2865 times)
wobber (OP)
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September 04, 2014, 05:51:52 PM
 #1

This proves that there's less demand than supply for bitcoin. Nobody wants to deal with it, miners sell for profit, nobody wants it for any other purpose than speculation. I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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September 04, 2014, 05:53:47 PM
 #2

This proves that there's less demand than supply for bitcoin. Nobody wants to deal with it, miners sell for profit, nobody wants it for any other purpose than speculation. I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.

Do bears have coins? Shocked

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dropt
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September 04, 2014, 05:57:19 PM
 #3

This proves that there's less demand than supply for bitcoin.
Quite possibly.

Quote
Nobody wants to deal with it
Do you have any proof of that?

Quote
miners sell for profit
I agree that a good part are here for profit.

Quote
nobody wants it for any other purpose than speculation.
The proliferation of darknet market places would say otherwise.

Quote

I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.
Wat?

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September 04, 2014, 06:30:24 PM
 #4

Why would a bear have any bitcoin... I..
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September 04, 2014, 06:35:17 PM
 #5

Why would a bear have any bitcoin... I..

I assume ultra bears have none, but moderate bears might have a bit left.
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September 04, 2014, 08:51:18 PM
 #6

If no one wants deal with Bitcoin, why the trade volume is around 10k Bitcoins on Bitstamp alone, after all we have passed?

Why more and more merchants accepts Bitcoin as payment?

And also there are people that are paid in Bitcoins.

So I guess next time you should put more efford and at least try make an argument that lasts more than two minutes
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September 04, 2014, 09:23:21 PM
 #7

I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.
Wat?

Maybe he's talking about bulls? Bears will be pleased when the price goes down and most of them won't have coins to begin with. At least not in the current economy! Smart bears will buy as soon as the price does go up, though!

I should have gotten into Bitcoin back in 1992...
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September 05, 2014, 03:09:01 AM
 #8

This proves that there's less demand than supply for bitcoin. Nobody wants to deal with it, miners sell for profit, nobody wants it for any other purpose than speculation. I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.

Winklevoss ETF will actually be shot down
GABI is already priced in
Dubai exchange won't create any thing new
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September 05, 2014, 04:04:28 AM
 #9

there is a big explosion every year,
yes, I look forward to it this year
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September 05, 2014, 04:12:12 AM
 #10

there is a big explosion every year,
yes, I look forward to it this year

1 in 2011, 0 in 2012, 2 in 2013. My guess would then be 0 in 2014.

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September 05, 2014, 07:20:44 AM
 #11

there is a big explosion every year,
yes, I look forward to it this year

1 in 2011, 0 in 2012, 2 in 2013. My guess would then be 0 in 2014.
3 in 2015?

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counter
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September 05, 2014, 07:53:13 AM
 #12

The market is in a phase of of stagnation and uncertainty and I doubt it will be that way for very much longer.  I think mainly people are just waiting for the dumpers to run out of ammo and the dumpers are waiting so they can rain on the parade that is sure to come as he morning sun.  Same old game just a different day if you ask me.

This proves that there's less demand than supply for bitcoin.
Quite possibly.

Quote
Nobody wants to deal with it
Do you have any proof of that?

Quote
miners sell for profit
I agree that a good part are here for profit.

Quote
nobody wants it for any other purpose than speculation.
The proliferation of darknet market places would say otherwise.

Quote

I guess it's time for bears to hibernate with their coins in cold storage for the next 6 months.
Wat?



+1
oceans
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September 05, 2014, 10:20:31 AM
 #13

If that were the case and people only wanted bitcoin for speculation how come so many people are crying out for top companies to accept it and quite a few companies already accepting it. Price drops are not the end of the world and definitely not the end of bitcoin. I do see a rise coming soon, when?...Nobody knows.
DonYo
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September 06, 2014, 08:31:52 AM
 #14

there is a big explosion every year,
yes, I look forward to it this year

1 in 2011, 0 in 2012, 2 in 2013. My guess would then be 0 in 2014.

It rised from 300 to 700 in one month (Apr this year)
It is ok that it's not moon but it was a high jump


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September 06, 2014, 08:46:42 AM
 #15

Do bears have coins? Shocked
Why would a bear have any bitcoin... I..

People who sell are by definition bears. It doesn't matter if it's for the short or long term. People sell bitcoin all the time.

Without bears nobody can buy bitcoins.


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September 06, 2014, 08:59:01 AM
 #16

I need bitcoins. I live in Germany but get paid in dollars to my US bank account. It is insanely difficult to get money from my account to me. Bitcoin has made my life a lot easier. And the more it is used, a lot of people will be able to enjoy the benefits.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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September 06, 2014, 08:59:35 AM
 #17

Do bears have coins? Shocked
Why would a bear have any bitcoin... I..

People who sell are by definition bears. It doesn't matter if it's for the short or long term. People sell bitcoin all the time.

Without bears nobody can buy bitcoins.


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September 06, 2014, 09:08:45 AM
 #18

Do bears have coins? Shocked
Why would a bear have any bitcoin... I..

People who sell are by definition bears. It doesn't matter if it's for the short or long term. People sell bitcoin all the time.

Without bears nobody can buy bitcoins.

That's not true. Bulls sell too just to bank some profits, they think the price is going up but realistic bulls know that there's always a chance they're wrong so they sell some just to hedge against that possibility. It's never wrong to take some profits, bull or bear.

Bitcoin = Gold on steroids
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September 06, 2014, 10:10:17 AM
 #19

That's not true. Bulls sell too just to bank some profits, they think the price is going up but realistic bulls know that there's always a chance they're wrong so they sell some just to hedge against that possibility. It's never wrong to take some profits, bull or bear.

The terms bulls and bears are frequently misused by bitcoiners. It is not a market philosophy, but merely your current stance on the market. Anyone who sells is essentially a bear at that moment.  


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September 06, 2014, 10:20:54 AM
 #20

That's not true. Bulls sell too just to bank some profits, they think the price is going up but realistic bulls know that there's always a chance they're wrong so they sell some just to hedge against that possibility. It's never wrong to take some profits, bull or bear.

The terms bulls and bears are frequently misused by bitcoiners. It is not a market philosophy, but merely your current stance on the market. Anyone who sells is essentially a bear at that moment.  

False. Sometimes one is forced to cash out some BTC even though they are very aware of the fact that bitcoin is massively undervalued at that moment.

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