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Author Topic: the end is near  (Read 3963 times)
giorgiotheclown (OP)
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September 21, 2014, 04:17:19 AM
 #1

few big miners destroying bitcoin mining. + bitcoin price +the whole concept. 3 weeks and the bitcoin price is 100-200

http://kryptonews.blogspot.ch/2014/07/bitminech-sticht-in-die-hohe-see-hinaus.html 1 empty duff beer can and 3 zywiec bottle caps 9.99 BTC + pic https://bitcointalk.org/index.php?topic=658825.0 ~Bruno Kucinskas -> youtube.com/watch?v=iO-EGJhdx4U
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September 21, 2014, 04:19:38 AM
 #2

few big miners destroying bitcoin mining. + bitcoin price +the whole concept. 3 weeks and the bitcoin price is 100-200

Still better than $2, the price when I started mining. People panic too easily.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
giorgiotheclown (OP)
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September 21, 2014, 04:26:41 AM
 #3

few big miners destroying bitcoin mining. + bitcoin price +the whole concept. 3 weeks and the bitcoin price is 100-200

Still better than $2, the price when I started mining. People panic too easily.
irreparable trust damage for many investors.

no small bitcoin mining operations, only big chinesefarms

0 new bitcoin enthusiasts

http://kryptonews.blogspot.ch/2014/07/bitminech-sticht-in-die-hohe-see-hinaus.html 1 empty duff beer can and 3 zywiec bottle caps 9.99 BTC + pic https://bitcointalk.org/index.php?topic=658825.0 ~Bruno Kucinskas -> youtube.com/watch?v=iO-EGJhdx4U
Morguk
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September 21, 2014, 11:18:28 AM
 #4

I'll just be buying more.

Calculate the chance of hitting a bitcoin block when solo mining at
ElizabethAngel
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September 21, 2014, 01:28:00 PM
 #5

I believe at $400, a lot of people will deposit money to invest. They just need 1-2 days to deposit the money. Its not instant Smiley
eoakland
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September 21, 2014, 02:15:24 PM
 #6

i pray for it to tank.  i would like for corp farms & HW manufacturers to come to a halt in mining.  would give the little guys a chance to keep mining. 

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fluffyponyza
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September 21, 2014, 03:18:31 PM
 #7

Bitcoin price will always be fluctuating.But bitcoin itself wont die out,it has just grown too big in the market to get destroyed.
marcus72ch
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September 21, 2014, 03:35:32 PM
 #8

The question is only who will be still able to afford mining btc, with a price under 100$ and next Diff raise of 20% or more. I've invested just recently 9000€, will get 10 more machines tmorrow and have an iffer for spondos that would cost me like a nice medium priced car. But I actually think of stopping all imediatly, since only a few € less and I start oaying on top, not to talk about any ROI...where will this stop???


.... except chinese big farns
johnscoin
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September 21, 2014, 06:00:26 PM
 #9

new bitcoin enthusiasts coming.
Zelek Uther
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September 22, 2014, 12:48:15 AM
 #10

i pray for it to tank.  i would like for corp farms & HW manufacturers to come to a halt in mining.  would give the little guys a chance to keep mining. 
Yep, let's clear out those massive Datorhalls and get back to home mining.

Run a Bitcoin node, support the network.
weather b0y4
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September 22, 2014, 01:00:39 AM
 #11

I am with you guys hoping some of these large mining companies fold, especially the ones who immediately sell for $.

I want them out of the game so in a few years we can read stories such as "We bought $10 million of mining equipment, mined $12 million worth of bitcoins and thought we did good but quit when difficulty went too high, but if we had just held the coins they would be worth $X00 million"
giorgiotheclown (OP)
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September 22, 2014, 01:12:28 AM
 #12

we need the good old torches and pitchforks!

but i think its to late...

http://kryptonews.blogspot.ch/2014/07/bitminech-sticht-in-die-hohe-see-hinaus.html 1 empty duff beer can and 3 zywiec bottle caps 9.99 BTC + pic https://bitcointalk.org/index.php?topic=658825.0 ~Bruno Kucinskas -> youtube.com/watch?v=iO-EGJhdx4U
kingscrown
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September 22, 2014, 01:37:59 AM
 #13

panic sellers always loose

fewcoins
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September 22, 2014, 07:45:36 AM
 #14

new bitcoin enthusiasts coming.

Yea right... Where?
TheJohn
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September 22, 2014, 01:59:15 PM
 #15

few big miners destroying bitcoin mining. + bitcoin price +the whole concept. 3 weeks and the bitcoin price is 100-200

Agree, those big miners dump bitcoin every single second. They never hold..
mikerbiker6
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September 22, 2014, 08:47:03 PM
 #16

No sweat, I bought at 400 euro's and holding.
This drop will push out the noobs.
The rise may take long or short, but I will hold for years if necesarry.
Bitcoin is still very new, an experiment on a massive scale.
We will see what the future brings, but I see it brightly. Wink

Participate and Earn on the Letstalkbitcoin forum letstalkbitcoin.com
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September 22, 2014, 09:30:31 PM
 #17

I believe at $400, a lot of people will deposit money to invest. They just need 1-2 days to deposit the money. Its not instant Smiley

I believe at $100 a lot of people will start buying. Something about that magic 100 number.

Strato
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September 22, 2014, 09:54:15 PM
 #18

few big miners destroying bitcoin mining. + bitcoin price +the whole concept. 3 weeks and the bitcoin price is 100-200

Agree, those big miners dump bitcoin every single second. They never hold..

Agree 100%
weather b0y4
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September 22, 2014, 10:04:06 PM
 #19

When will bitcoin bottom and when should you buy? 2 clues:

Here is the first clue:
When you look at the bitcoin charts and the little voice in the back of your head is screaming: "The time to buy is NOW, please oh please just click the damn BUY BUTTON NOW!", and everyone not involved with bitcoin is saying: "Bitcoin failed, it was a ponzi scheme, you should give up, it will never recover because people are not stupid, I cannot believe you fell for that"

And here is the second:
When you can sense the quiet before the storm - when all the poeple who are involved with bitcoin are thinking the above and are waiting for someone else (the smart money) to make the first move. Typically when there are no more good excuses as to why the prices are falling, buy support looks strong, prices have been stable for a while (although low).


Hopefully we are getting a tad bit closer every day  Cheesy Cheesy Cheesy
fewcoins
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September 23, 2014, 04:21:57 AM
 #20

When will bitcoin bottom and when should you buy? 2 clues:

Here is the first clue:
When you look at the bitcoin charts and the little voice in the back of your head is screaming: "The time to buy is NOW, please oh please just click the damn BUY BUTTON NOW!", and everyone not involved with bitcoin is saying: "Bitcoin failed, it was a ponzi scheme, you should give up, it will never recover because people are not stupid, I cannot believe you fell for that"

And here is the second:
When you can sense the quiet before the storm - when all the poeple who are involved with bitcoin are thinking the above and are waiting for someone else (the smart money) to make the first move. Typically when there are no more good excuses as to why the prices are falling, buy support looks strong, prices have been stable for a while (although low).


Hopefully we are getting a tad bit closer every day  Cheesy Cheesy Cheesy

People got this "clue" for months already & have got crushed everytime! BTC has never went up on big volume since 1,100$
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