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Author Topic: $600, $500, $400, and now $300.......  (Read 2259 times)
DieJohnny
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October 05, 2014, 11:08:04 AM
 #1

Nothing is stopping this sinking ship. Holy Shit it must be the reverse Willy doppelganger.

Those who hold and those who are without property have ever formed distinct interests in society
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DeadCoin
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October 05, 2014, 11:13:13 AM
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Nothing is stopping this sinking ship. Holy Shit it must be the reverse Willy doppelganger.

If you by reverse Willy mean early adopters, miners, speculators and panic sellers getting out than yes.
krb91
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October 05, 2014, 11:24:31 AM
 #3

It hit $301 on bitstamp a few minutes ago! It bounced back up by $5 but it makes me wonder how long until it hits £2xx.

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October 05, 2014, 11:29:47 AM
 #4

2xx soon, whats going on  Shocked

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DeadCoin
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October 05, 2014, 11:30:50 AM
 #5

It hit $301 on bitstamp a few minutes ago! It bounced back up by $5 but it makes me wonder how long until it hits £2xx.

It's already in £2xx
Wandererfromthenorth
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October 05, 2014, 11:31:15 AM
 #6

bull-tards be like:

"damn those bear-trolls were not trolls at all"...


...
Bitcoins101
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October 05, 2014, 11:31:31 AM
 #7

2xx soon, whats going on  Shocked
Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?
spiderbrain
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October 05, 2014, 11:32:32 AM
 #8

Other people are selling their bitcoins. Screw 'em.

Wandererfromthenorth
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October 05, 2014, 11:34:23 AM
 #9

BTC miners be like:


krb91
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October 05, 2014, 11:34:35 AM
 #10

It hit $301 on bitstamp a few minutes ago! It bounced back up by $5 but it makes me wonder how long until it hits £2xx.

It's already in £2xx

It depends which exchange you look at. Bitstamp's current low is 301.0, maybe it's lower somewhere else.

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DeadCoin
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October 05, 2014, 11:35:16 AM
 #11

bull-tards be like:

"damn those bear-trolls were not trolls at all"...


...



As I said in one of my previous comments:


You know we're in a mania when people label bears as trolls or scammers.

Couple of years from now, you bulls will look back and see, "oh wait, bears were actually talking sense, how come we didn't see that, we must have really lost our minds during this bitcoin craze"
atleticofa
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October 05, 2014, 11:39:09 AM
 #12

2xx soon, whats going on  Shocked
Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?

Worst analysis ever.

DeadCoin
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October 05, 2014, 11:46:34 AM
 #13

It hit $301 on bitstamp a few minutes ago! It bounced back up by $5 but it makes me wonder how long until it hits £2xx.

It's already in £2xx

It depends which exchange you look at. Bitstamp's current low is 301.0, maybe it's lower somewhere else.

I was referring to a pound sterling, but I was wrong, it's in 100s already
krb91
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October 05, 2014, 11:53:44 AM
 #14

Sorry, I did not notice the pound sign in your £2xx. My eyes are still blurred from lack of sleep due to watching the price all last night.

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Meuh6879
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October 05, 2014, 12:13:59 PM
 #15

Nothing is stopping this sinking ship.

and then, monday coming ... in chineses time.  Grin
Richard Branson
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October 05, 2014, 12:25:57 PM
 #16

BTC miners be like:


Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

Byteball address: CYV4YITSUKGIYCA5GUPIUPP377OF4NWQ
mailmansDOGE
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October 05, 2014, 12:28:41 PM
 #17

BTC miners be like:


Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

There's still the possibility of profiting from holding coins if you have bought a miner at a slightly good time.
Wilhelm
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October 05, 2014, 12:28:50 PM
 #18

Nothing is stopping this sinking ship. Holy Shit it must be the reverse Willy doppelganger.

Take a look at the Titanic. It has become more valuable after it hit the bottom Cool

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
Bitcoins101
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October 05, 2014, 12:32:57 PM
 #19

2xx soon, whats going on  Shocked
Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?

Worst analysis ever.


Based upon what? Face it, Bitcoin sucks compared to coins based on newer technology. It's the first cryptocurrency and the most widely known, but that's pretty much all it has going for it right now. If sidechains actually get implemented in the future or Bitcoin has a huge update bringing it to modern times, maybe I'll change my viewpoint.

I'm laughing all the way to the bank. I'm up significantly over 100% (as in more than doubled my money) on some of my positions in the past 12 hours.
Richard Branson
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October 05, 2014, 12:44:19 PM
 #20

BTC miners be like:


Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

There's still the possibility of profiting from holding coins if you have bought a miner at a slightly good time.

Yeah... but not wasting the money/coins on that miner would result in more coins/money!
Mining equipment is a waste (ASICs). With GPUs you could really profit in BTC terms and afterwars sell the cards for coins or money (to a gamer).

I was a miner a long time ago (gpu miner) and it was very profitable (till the price crash to 2$). Most miners don't calculate correctly. They assume that the difficulty stays the same in a long period... and that they will ROI in 3-5 weeks. That is just bullshit.

Byteball address: CYV4YITSUKGIYCA5GUPIUPP377OF4NWQ
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