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fewcoins (OP)
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October 15, 2014, 11:48:09 AM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
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wachtwoord
Legendary
 Offline
Activity: 2338
Merit: 1136
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October 15, 2014, 11:51:03 AM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Reminds me of a song called "Bitcoin is a bubble" love listening to that one when Bitcoin is going through huge swings in either direction. |
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fewcoins (OP)
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October 15, 2014, 12:01:56 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Reminds me of a song called "Bitcoin is a bubble" love listening to that one when Bitcoin is going through huge swings in either direction. Yea man and to think he warned most of the people on here way over a year ago with that song! https://www.youtube.com/watch?v=A7TuFy0fcuw |
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BrewCrewFan
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October 15, 2014, 12:03:26 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Ahh good to see your back now that BTC is down a few bucks. So how of this shit do we have the privilege to get from you this time? I would assume you would be just as happy when the price goes up right? |
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wachtwoord
Legendary
Offline
Activity: 2338
Merit: 1136
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October 15, 2014, 12:04:10 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Reminds me of a song called "Bitcoin is a bubble" love listening to that one when Bitcoin is going through huge swings in either direction. Yea man and to think he warned most of the people on here way over a year ago with that song! https://www.youtube.com/watch?v=A7TuFy0fcuwOver a year ago? It was early 2012 and the price was ~$60. Oh and by the way, in case you missed it, the song is completely sarcastic  |
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xcapator
Sr. Member
Offline
Activity: 322
Merit: 252
Here I Am !!
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October 15, 2014, 12:09:42 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
I think anything is a buy right now, but bottom probably around $360, maybe a little under. Does anyone have voices in their head? Are they giving you BTC predictions? Care to share? |
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fewcoins (OP)
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October 15, 2014, 12:24:10 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Ahh good to see your back now that BTC is down a few bucks. So how of this shit do we have the privilege to get from you this time? I would assume you would be just as happy when the price goes up right? I've actually been posting the same "be careful" warning the last 3 days of advance we had....... Open your eyes! We poped to 450 after paypal news because the markets easily manipulated! The real whale that runs this price exchange is waiting for most of you to rush in saying "omfg cheap coins less than $400" After you rush in to pay that I am sure you'll get crushed. Bitcoin has been hitting lower highs for almost a year!! Everyone is cashing out except you guys! GLTA! |
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infofront
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
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October 15, 2014, 01:58:10 PM |
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We must get into the low 200s before going to the moon.
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kwukduck
Legendary
Offline
Activity: 1937
Merit: 1001
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October 15, 2014, 03:55:35 PM |
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Well the manipulator is back, that's for sure...
Instadumping 1500 btc into the buy orders every few hours...
He's gonna run out eventually, unless he succeeds to cause panic again as it seems to do almost every time and buy back even more to cause even more havoc later on...
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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MrBig
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October 15, 2014, 05:06:52 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Ahh good to see your back now that BTC is down a few bucks. So how of this shit do we have the privilege to get from you this time? I would assume you would be just as happy when the price goes up right? I've actually been posting the same "be careful" warning the last 3 days of advance we had....... Open your eyes! We poped to 450 after paypal news because the markets easily manipulated! The real whale that runs this price exchange is waiting for most of you to rush in saying "omfg cheap coins less than $400" After you rush in to pay that I am sure you'll get crushed. Bitcoin has been hitting lower highs for almost a year!! Everyone is cashing out except you guys! GLTA! This trend of lower highs should be apparent to most rational observers right now. Just how long we will continue this trend is anyone's guess, but it does appear that we may continue along this trend at this point. I don't think everyone is cashing out, as we would see a mega-crash in that scenario, but we may see lower prices yet. |
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Coinshot
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October 15, 2014, 05:19:09 PM |
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370 is a reasonable target for the correction. I do not think it will go below that, but if it does that will be a major bearish signal.
It still looks very bullish to me.
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RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
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October 15, 2014, 05:27:30 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! |
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NotLambchop
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October 15, 2014, 05:36:45 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. |
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krodmandoon
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October 15, 2014, 06:07:23 PM |
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I'm sure the argument has been made already but...
Network hash rate is pretty high, verging on astronomical levels
Overall use of the network hasn't changed all that much for transactions
Whale mines are needing to cover cost at any price they can
Crazy fluctuations scare investors
Difficulty discourages small miners
By the time halving occurs the difficulty will be unbelievable and fewer coins will be produced each day. Right now the supply is exceeding demand given that the user base of the network has not grown as exponentially as the ability to mine more efficiently. Time is the key here, BTC has demonstrated in the face of pretty incredible adversity that it isn't going anywhere. It has also proven itself to be a reliable means to transefering value, if nothing more.
Sometimes the hardest thing to do is to simply sit on your hands and wait for what you know is going to happen, to happen. So sell if you need to but remember the guy who bought the pizza for 10000? Even now in the "dark days of dispair, decline and demise" that is still a lot of value to eat.
BTW I'm playing the long game, like a 401K but better.
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BrewCrewFan
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October 15, 2014, 07:15:51 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... |
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NotLambchop
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October 15, 2014, 08:13:52 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... Lol, Gox did fine without them. What makes you think the rest of the exchanges aren't doing same?  |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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October 15, 2014, 08:26:24 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... Lol, Gox did fine without them. What makes you think the rest of the exchanges aren't doing same? What makes you think they are? |
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NotLambchop
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October 15, 2014, 08:53:58 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... Lol, Gox did fine without them. What makes you think the rest of the exchanges aren't doing same? What makes you think they are? Nothing, beyond the fact that they could, and would make some $ by doing it. But maybe I'm just too cynical--they're probably not in this to make money. |
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inca
Legendary
Offline
Activity: 1176
Merit: 1000
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October 15, 2014, 09:06:59 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... Lol, Gox did fine without them. What makes you think the rest of the exchanges aren't doing same? What makes you think they are? Nothing, beyond the fact that they could, and would make some $ by doing it. But maybe I'm just too cynical--they're probably not in this to make money. They don't need to fractional reserve to make money. They actually just need to not fuck up like MK and it is a never ending cash cow. Add to that they know the orderbooks and fiat on exchange. That information is highly valuable. There are probably a few trading accounts on each exchange which never lose. |
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fewcoins (OP)
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October 15, 2014, 09:29:09 PM |
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LOOK OUT BELOW! How low will it go?! Nobody knowsss
Oh god yes. It's down over 400 points right now! Get out while you can bag holders! Wall street is collapsing!Thanks for the warning man. I'm dumping my shitty fiat coupons for bitcoin. Real money! >Wall st. down 2%--OMG collapsing! >BTC down 2%--sideways trading, nothin' to see. Yeah if only BTC had printing presses to make money to prop up the market..... Lol, Gox did fine without them. What makes you think the rest of the exchanges aren't doing same? What makes you think they are? Nothing, beyond the fact that they could, and would make some $ by doing it. But maybe I'm just too cynical--they're probably not in this to make money. They don't need to fractional reserve to make money. They actually just need to not fuck up like MK and it is a never ending cash cow. Add to that they know the orderbooks and fiat on exchange. That information is highly valuable. There are probably a few trading accounts on each exchange which never lose. To think they don't manipulate the market is stupid... what do you think is happening here?! |
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