riiiiising (OP)
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September 25, 2014, 06:37:22 AM |
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Gentleman, the fundamentals have not changed. This is all you need to tell youself and you too will believe that bitcoin will one day be worth $100,000 USD per coin.
You are all early adopter. This is like Internet, and right now the first web browser is being devleoped. This is equal to a multisig wallet, which will revolutionize the world. Soon, poor peoples in Africa will buy bitcoin and other unbankable people, they can now keep their money away from the corrupt governments who are always seizing the poor african's money. This will take Africa out of poverty. Thanks to bitcoin, we will all be wealthy.
But why is it going down in price?? You might be asking youself this. It's simple: we are in the technology chasm. All technology goes through this step... and right now there is many FUDs being spread by government and banks and other peoples who do not want bitcoin to succeed.
But... bitcoin cannot be destroyed, that's what they don't understand. It is not centralized, and that's what makes it so perfect. This is the best buying opportunity ever. Yes, you read that right. Ever.
Cut your fiat and buy bitcoin before it's too late! That's my advice. Wall Street will come soon, and then it's rock ship to moon!
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Wilhelm
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September 25, 2014, 06:50:16 AM |
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I'm with ^^
Maybe not his timeline but if you closely look at all new technologies there is always a niche breaking through.
Recently the financial markets are being improved - Worldwide acceptance of credit and debit cards - Worldwide retail - eBay, Craigslist, etc. - Crowdfunding - etc.
So ask yourself why not a global banking system that can easily be integrated. That nobody controls. Also ask yourself if the world is ready for financial freedom. Governments might need to adapt their tax system but Bitcoin has been proven to be a good system for instant worldwide banking. Banks may need to change their mindset and try to add value to the bitcoin system.
IMHO Bitcoin is going up but it might take some time. If you're here for the long run it can't hurt to buy a few coins.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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Xiaoxiao
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The Golden Rule Rules
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September 25, 2014, 07:21:51 AM |
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no.
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Wekkel
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yes
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September 25, 2014, 07:36:20 AM |
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Still the best asymmetric bet out there.
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Furio
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BTC | LTC | XLM | VEN | ARDR
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September 25, 2014, 07:52:22 AM |
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Gentleman, the fundamentals have not changed. This is all you need to tell youself and you too will believe that bitcoin will one day be worth $100,000 USD per coin.
You are all early adopter. This is like Internet, and right now the first web browser is being devleoped. This is equal to a multisig wallet, which will revolutionize the world. Soon, poor peoples in Africa will buy bitcoin and other unbankable people, they can now keep their money away from the corrupt governments who are always seizing the poor african's money. This will take Africa out of poverty. Thanks to bitcoin, we will all be wealthy.
But why is it going down in price?? You might be asking youself this. It's simple: we are in the technology chasm. All technology goes through this step... and right now there is many FUDs being spread by government and banks and other peoples who do not want bitcoin to succeed.
But... bitcoin cannot be destroyed, that's what they don't understand. It is not centralized, and that's what makes it so perfect. This is the best buying opportunity ever. Yes, you read that right. Ever.
Cut your fiat and buy bitcoin before it's too late! That's my advice. Wall Street will come soon, and then it's rock ship to moon!
Completely agreed, only that we need to keep an eye on other alts, because there are still some flaws in Bitcoin, like diff and the fact only early adapters really benefit from it, holding it back from adoption. Alot of people I speak, say they're are interested, yet they are far to late and don't wanna take that big of risk. Also bitcoin in electricity is inefficient and should be reviewed. Like sha 128 in stead of sha256, making it more profitable for newcomers. We can allways put it back to sha256 when the time comes. The only real danger to Bitcoin is a better Altcoin, who adresses the flaws in Bitcoin perfectly...
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OrientA
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September 25, 2014, 08:52:17 AM |
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Still the best asymmetric bet out there.
In order to win the bet, we have to use BTC.
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nextblast
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September 25, 2014, 12:21:48 PM |
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Agreed! Will buy more. ~400 It's really cheap right now.
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Xiaoxiao
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The Golden Rule Rules
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September 25, 2014, 12:28:23 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
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Wilhelm
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September 25, 2014, 12:38:10 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Or we hit 1% of the population making a 10000000% gain
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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DeadCoin
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★ Investor | Trader | Promoter
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September 25, 2014, 01:10:24 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Well said, couldn't agree more. Especially the last part.
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mattiadeabtc
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★YoBit.Net★ 200+ Coins Exchange & Dice
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September 25, 2014, 01:15:29 PM |
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Radelderth
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September 25, 2014, 01:19:15 PM |
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The worst is over, time to buy!!!
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oblivi
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September 25, 2014, 01:43:42 PM |
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Why are you so sure it will not go even lower? Imagine if in january we are in 200 and the buyer could have doubled his BTC stack if he waited more. Im not sure yet if 400 is a floor. I want to enter the market big time so this is serious for me.
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inca
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September 25, 2014, 03:44:46 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Well said, couldn't agree more. Especially the last part. Ha!
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intighet
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mene mene tekel upharsin
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September 25, 2014, 03:48:44 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Well said, couldn't agree more. Especially the last part. Ha! Seriously, who are you people?
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Malus pro bono surrepat, et bonus pro malo displiceat; fallaces enim sunt rerum species, quibus credidimus.
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knight22
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--------------->¿?
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September 25, 2014, 03:50:40 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Well said, couldn't agree more. Especially the last part. Ha! Seriously, who are you people? Short sellers
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gentlemand
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Welt Am Draht
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September 25, 2014, 03:53:05 PM |
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I think they all live together in a crumbling dormitory in an abandoned Eastern Bloc army base and self flagellate every morning. Then they flagellate each other.
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hacknoid
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September 25, 2014, 03:54:54 PM |
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what don't you understand? 90% of bitcoins is owned by .0000001 % of the population. the masses can buy as much as they want. 1 click of the mouse bitcoin drops by $100 dollars, confidence goes down.
this thing is going to flat line at around $50 and just be some obscure form of exchanged used by degenerates.
Yeah..... because that .0000001% with the most to lose are very interested in crashing the price and forcing people to lose confidence in Bitcoin....
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piramida
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Borsche
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September 25, 2014, 04:17:17 PM |
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Seriously, who are you people?
They are the Ignore list population. Endangered species, they live in a special closed areas feeding on rotten bad news and fear. Might be extremely annoying when feeding, that's why it is recommended to avoid them
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i am satoshi
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wormbog
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September 25, 2014, 07:10:54 PM |
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OP is correct - it's rock ship to moon. Couldn't have said it better myself.
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