proudhon
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Activity: 2198
Merit: 1311
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December 20, 2012, 03:17:38 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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December 20, 2012, 04:09:53 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme.
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mccorvic
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December 20, 2012, 04:13:09 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
It's easy to lose perspective. Remember in Jan. how $10 by years end seemed to be the thoughts of only the craziest bulls? I'd hesitate to call the current situation a "rally" but I do claim it as a victory for the bulls. The bears have failed.
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robocoin
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December 20, 2012, 04:15:50 PM |
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Aaaaand it's gone bears are scared of dumping Yes! Thats the picture I was looking for. lol
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lebing
Legendary
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Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 20, 2012, 05:50:02 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
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Bro, do you even blockchain? -E Voorhees
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 20, 2012, 05:53:53 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Dont try to fight the trend, be ahead of the trend.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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December 20, 2012, 05:57:20 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme. Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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420
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December 20, 2012, 05:59:04 PM |
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*buzzer* wrong
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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Yuhfhrh
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December 20, 2012, 06:03:27 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme. Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes? For the next 3-4 years, we are only going to be producing half as many bitcoins.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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December 20, 2012, 06:10:51 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme. Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes? For the next 3-4 years, we are only going to be producing half as many bitcoins. Which will hopefully keep the price from returning to $2 too quickly?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Yuhfhrh
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December 20, 2012, 06:13:34 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme. Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes? For the next 3-4 years, we are only going to be producing half as many bitcoins. Which will hopefully keep the price from returning to $2 too quickly? There is nothing preventing us from heading back to $2, but I just don't think demand is going to drop that much.
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 20, 2012, 06:16:37 PM |
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are you bulls even trying ? in 2 weeks and you cant even get past 14 you say rally in progress again
what rally ?
Do you think there's a good chance we'll make it back down to $5 again? $2? I think $2 is a little extreme. Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes? its a good bet we will go down in the short term but as long has as people continue to have faith in the protocol, long term will always be UP but the hash rate based double spend thread on the main board is kinda scary since i don't fully understand it. I see a fork down the road, a fork backed up by only 1 million dollars, and a lot of hard work, could totally take over...
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420
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December 20, 2012, 06:22:02 PM |
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whoso thinks bitcoin is going back to $2 is a dodo head
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 20, 2012, 06:44:20 PM |
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We've seen decreasing volume since this year's high, with an overall decreasing volume for the year.
Do you take into account things like https://localbitcoins.com/statistics when talking about decreasing volume? As someone who would tend to avoid mixing Bitcoin with the traditional banking system, I have to wonder how much volume exists that we simply can't measure, and if that is increasing thanks to websites such as localbitcoins.com or not? And if it is, how does it compare to the figures from Gox, et cetera? And if we did have numbers, what type of people are more likely to exchange locally as opposed to Gox? For example, I doubt daytraders would use a local exchange, but a long term investor might? And is any of that significant or meaningless? good point. also Gox itself appears to be losing a lot of its 90% market share, while all the others are gaining more volume. add to that a slowly growing economy, and we have more then enough reasons for the drop in vol.
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robocoin
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December 20, 2012, 07:06:40 PM |
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I don't get the BS about the volume. Are you holding it wrong?
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 20, 2012, 07:08:08 PM |
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ya vol in Currency looks good gr8.
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mccorvic
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December 20, 2012, 07:14:26 PM |
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Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes?
The abuse of logic and reasoning here is just...is just painful. Prices stable at $13.50 = $2 WHAAAAAAAAAAAAAAAAAAAAAAAAAT?!
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420
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December 20, 2012, 07:19:27 PM |
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Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes?
The abuse of logic and reasoning here is just...is just painful. Prices stable at $13.50 = $2 WHAAAAAAAAAAAAAAAAAAAAAAAAAT?! if you take into account the science instutite got rid of the numbers3 through 12 we now count 1, 2, 13, 14, 15 I have found the logic!!!
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 20, 2012, 07:22:24 PM |
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Why? Bulls haven't been able to break a high that was put in place a year and a half ago, haven't been able to break this year's high, and have been bumping up against this $13-15 zone since September without breaking through. We've seen decreasing volume since this year's high, with an overall decreasing volume for the year. All this in the face of numerous positive developments. What do you think, myself? Everything, including the fundamentals seems to point down, way down, for the medium to long term. Right? If you're going to take a longterm position right now it should be a long term short. Yes?
The abuse of logic and reasoning here is just...is just painful. Prices stable at $13.50 = $2 WHAAAAAAAAAAAAAAAAAAAAAAAAAT?! Yeah he is trolling hard.
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Bro, do you even blockchain? -E Voorhees
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mccorvic
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December 20, 2012, 07:23:53 PM |
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if you take into account the science instutite got rid of the numbers3 through 12 we now count
1, 2, 13, 14, 15
I have found the logic!!!
I like this new math (I can now safely add an extra 10 inches when I brag to the ladies).
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