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Author Topic: $440 will be broken faster with PayPal's help  (Read 2982 times)
zeroday
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September 09, 2014, 02:19:33 PM
 #21

Merchants adopt BTC yet it makes no difference because 1) no one spends btc on merchandise they can get with VISA

You are missing real benefits of bitcoin over credit cards.

I have VISA but when I travel I always book air tickets, hotels and rent cars with bitcoin because it's faster and fucking bank doesn't bother me with annoying calls asking was it really me who made that "suspicious" overseas transaction.
I also buy domains and web services with BTC because it's fast and easy and no stupid calls from credit card departments.
grappa_barricata
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September 09, 2014, 02:36:33 PM
 #22

Fact is that braintree is implementing a new, bigger BitPay.

Fortune cannot take away what she has not given.
institutionaltrader
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September 09, 2014, 02:43:12 PM
 #23

I agree $440 might be broken in the near future. The downward pressure is enormous. People want out to buy real stuff, not drugs. Then if this resistance is broken, we are in deep shit. I might sell all of my BC now.
falllling (OP)
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September 09, 2014, 02:45:29 PM
 #24

It will crash hard because people will only use the new integration to dump all of their BC holdings fast.

The current market and exist strategy is very illiquid so this is good news for people wanting to go out and buy real things instead of drugs.

agreed
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September 09, 2014, 02:52:38 PM
 #25

Nah, that really is nonsense! Proclaiming that one of the biggest and most accepted online payment solutions accepting Bitcoin is a bad thing, really doesn't make any sense. There is almost no better way of enabling people to pay with Bitcoin for whatever they like than that!

I should have gotten into Bitcoin back in 1992...
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September 09, 2014, 02:55:43 PM
 #26

Merchants adopt BTC yet it makes no difference because 1) no one spends btc on merchandise they can get with VISA

You are missing real benefits of bitcoin over credit cards.

I have VISA but when I travel I always book air tickets, hotels and rent cars with bitcoin because it's faster and fucking bank doesn't bother me with annoying calls asking was it really me who made that "suspicious" overseas transaction.
I also buy domains and web services with BTC because it's fast and easy and no stupid calls from credit card departments.


I don't use credit cards except for a few short years in the early 1990s when I got one on the urging of my accountant. What a mistake. I later realized that he was just trying to make his own job easier.

I much prefer cash. It's safer, faster and much more convenient. The only reason I even got a bank account was cashing cheques and a few pre-authorized payments.

It bugs me standing in a checkout line waiting for some morons to punch in numbers and wait for acceptance of their idiot cards.

Bitcoin on the other hand is even faster and less fuss than cash.

I keep a few hundred million satoshis on a mobile device and a few hundred dollars in my wallet for general pocket money.

I never had cash/Bitcoin refused, bounced, put on hold or grabbed by the taxman.

Screw credit cards, cheques and banks in general.
jboyce92
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September 09, 2014, 03:01:40 PM
 #27

Quote
why PayPal news brought us down for $20?

the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

Many investors who have inside info are dumping bitcoins so hard these days, ready for the $1 bitcoin final capitulation?
$440 will be broken soon

https://i.imgur.com/LL6QD2P.pnghttps://i.imgur.com/F7v3lBx.png

ROFL.. why do people keep posting these 2 pics side by side? If it suggests "return to mean" why the fuck is BTC not trading at like .. idk.. $50 or so?
falllling (OP)
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September 09, 2014, 03:05:40 PM
 #28

Quote
why PayPal news brought us down for $20?

the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

Many investors who have inside info are dumping bitcoins so hard these days, ready for the $1 bitcoin final capitulation?
$440 will be broken soon



ROFL.. why do people keep posting these 2 pics side by side? If it suggests "return to mean" why the fuck is BTC not trading at like .. idk.. $50 or so?

soon we will hit the final capitulation, $50 is over-price for bitcoin
fonsie
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September 09, 2014, 03:37:26 PM
 #29

Quote
why PayPal news brought us down for $20?

the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

Many investors who have inside info are dumping bitcoins so hard these days, ready for the $1 bitcoin final capitulation?
$440 will be broken soon



ROFL.. why do people keep posting these 2 pics side by side? If it suggests "return to mean" why the fuck is BTC not trading at like .. idk.. $50 or so?

soon we will hit the final capitulation, $50 is over-price for bitcoin

finaal capitumilation, cut goose

I decided to no longer use a signature, because people were trolling me about it.
greaterfool
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September 09, 2014, 09:00:25 PM
Last edit: September 09, 2014, 09:48:01 PM by greaterfool
 #30

Quote
why PayPal news brought us down for $20?

the more businesses "accept" bitcoin (immediately dump it on exchanges via market sells), the more it will crash.

Many investors who have inside info are dumping bitcoins so hard these days, ready for the $1 bitcoin final capitulation?
$440 will be broken soon

https://i.imgur.com/LL6QD2P.pnghttps://i.imgur.com/F7v3lBx.png

ROFL.. why do people keep posting these 2 pics side by side? If it suggests "return to mean" why the fuck is BTC not trading at like .. idk.. $50 or so?

soon we will hit the final capitulation, $50 is over-price for bitcoin


Two things:

For fallllling:

Why do you keep conflating those two graphs? Neither of them match up, in terms of the items being measured or the scale of time... you've just got two graphs with a vague spike in the middle. I think you think they match up somehow but you never say why?


For everyone else:

Real talk: I spent the summer working on a data ingestion tool that scraped twitter feeds / bitcointalk.org forums and fed it into kafka/storm/trident for real time sentiment analysis of the bitcoin ecosystem (the idea being, if Google Trends data is a lagging indicator for stock prices, real time twitter/message board activity should be similar without the lagging...).

Theory: Falllling is targeting this sort of analysis - he wants to make sure he owns the "sentiment" of this board at a given time, to the degree that he can. Board posters aren't his target - external observers of the largest bitcoin forum in the world are. And the more readers respond to his trolling, the better off he is - he does a great job of engendering and increasing negative sentiment. It's extremely hard to filter him out - he pops up randomly in plenty of threads, and whenever he does, people get annoyed because he's, well, a troll. (Trolllllling? Wink )

There's a reason he's got so many active posts, and no one has managed to 'report to moderator', even though all of our posts have that button in the lower right....

Smile when you see fallllling's post, but don't reply - he profits from your responses in a very literal way. And as a general rule, if you seem him posting in overdrive, remember that it (most likely) means someone who is running extremely sophisticated data mining and sentiment analysis thinks it's a good idea to make you fear / doubt bitcoins value.

Don't let a sockpuppet psyche you out.
gtac01
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September 10, 2014, 03:30:59 AM
 #31

Bottom is in, higher low once again and $440 intact. I'm buying as much as I can.
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September 10, 2014, 04:40:34 AM
 #32

We are almost recovering to the 480's.

No final capitulation, no plunge, nothing.
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September 10, 2014, 05:56:27 AM
 #33

We are almost recovering to the 480's.

No final capitulation, no plunge, nothing.

bitcoin just dropped $20 at two days ago, do NOT buy in any fake recovers, you have been warned since $680, next stop : $300

don't get controlled buy your greed like before again!

I'm thinking that it might drop to $250


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ARROUND









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Newbie1022
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September 10, 2014, 06:32:59 AM
 #34

Yo... it's going up right now. And I am a pessimist. Wait until after it has gone up to at least 600 (probably a 7-handle)... then come back and say it is going down... you might be right at that time. People are too celebratory now to expect much else.
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September 10, 2014, 09:38:43 AM
 #35

Yo... it's going up right now. And I am a pessimist. Wait until after it has gone up to at least 600 (probably a 7-handle)... then come back and say it is going down... you might be right at that time. People are too celebratory now to expect much else.

bitcoin dropped $200 and rose $10 and people are happy Smiley
it will soon drop another $100 - $150 for sure

How can you know for sure?? You're just a Newbie.

I decided to no longer use a signature, because people were trolling me about it.
Wilhelm
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September 10, 2014, 09:51:02 AM
 #36

All this panic sell was caused by falllling, agree?

NO, i predict their approach not create them

Falllling is not a prophet do not listen to his doomsday prophecy. Bitcoin is going nowhere but up!!! Smiley

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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September 10, 2014, 11:36:43 AM
 #37

Bitcoin is going nowhere but down!!


Bitcoin is adopted more and more recently. It could be hardly any better, yet you strangely sees all of sudden everyone abandom Bitcoin Huh
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September 10, 2014, 12:06:56 PM
 #38

soon we will hit the final capitulation, $50 is over-price for bitcoin

Useless post is useless!

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September 10, 2014, 12:08:50 PM
 #39

with paypay will first drop and much latter gets stable growth.
Wilhelm
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September 10, 2014, 12:30:08 PM
 #40

$481 and going up ... Smiley

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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