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420
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February 28, 2013, 02:55:27 AM |
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No one invited Fred Durst to the rocket ship.  he's so rich he has his own:  |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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steamboat
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February 28, 2013, 03:10:14 AM |
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I leave you guys alone for 2 hours and I come back to 5 pages of new posts.
Seriously though, grats to everyone who was strong enough to hold.
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oakpacific
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February 28, 2013, 03:16:23 AM |
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I think if we could stay in the $35-$40 range for a month or so, people may forget about that 2011 bubble thing, it means nothing to the newcomers, it's just some of the early adopters' oh-so-precious memory.
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totaleclipseofthebank
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February 28, 2013, 03:22:28 AM |
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This might be panic buying in order to close MtGox accounts.
If MtGox moves all accounts to the US (CoinLab), there will suddenly be a lot of people under IRS scrutiny. Much better to hold bitcoins and close the account...
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420
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February 28, 2013, 03:28:19 AM |
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Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be "congrats to everyone that was smart enough to sell" Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990 |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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humanitee
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February 28, 2013, 03:33:39 AM |
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Meanwhile at the bar Denny's, celebrating $32 bitcoins...  Hahaha! I'm a nerd, can't help it. Bitcoin is fucking sweet and you know it! |
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jwzguy
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February 28, 2013, 03:34:01 AM |
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Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be "congrats to everyone that was smart enough to sell" Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990 So you sold? |
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420
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February 28, 2013, 03:35:55 AM |
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Seriously though, grats to everyone who was strong enough to hold.
i think soon the line will be "congrats to everyone that was smart enough to sell" Last price:$32.49900 High:$33.20000 Low:$30.79010 Volume:79911 BTC Weighted Avg:$31.92990 So you sold? nope. overall I bought. hindsight says i should have sold some over $33 anyway: From: bets@betsofbitco.in Sent: Wed 2/27/13 6:28 PM To: 420 Congratulations! You have won a bet at Bets of Bitcoin. Details are below: Statement: The Mt. Gox price of bitcoin will break the all time high of 31.91 USD in Febuary. Link: http://betsofbitco.in/item?id=1233Your side: Agree |
Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS
the hacks, the hacks, secure your bits!
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jwzguy
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February 28, 2013, 03:36:56 AM |
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nope. overall I bought. hindsight says i should have sold some over $33 anyway: From: bets@betsofbitco.in Sent: Wed 2/27/13 6:28 PM To: 420 Congratulations! You have won a bet at Bets of Bitcoin. Details are below: Statement: The Mt. Gox price of bitcoin will break the all time high of 31.91 USD in Febuary. Link: http://betsofbitco.in/item?id=1233Your side: Agree Good job then.  |
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mccorvic
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February 28, 2013, 03:37:10 AM |
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This might be panic buying in order to close MtGox accounts.
If MtGox moves all accounts to the US (CoinLab), there will suddenly be a lot of people under IRS scrutiny. Much better to hold bitcoins and close the account...
I do wonder how much this will impact the market and how exactly. |
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thoughtfan
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February 28, 2013, 03:50:54 AM |
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Morning folks  I just woke up to this:  It would appear after the big breakthrough to the all time high the crowd mind has very little idea of what a Bitcoin is worth  That's fine by me. I would prefer that than either bears or bulls having no opposition. |
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Rygon
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February 28, 2013, 03:52:09 AM |
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If this is because of panic buying, the liquidity in the market will go down temporarily (and volatility upwards) as people move into bitcoin and not have a stash to buy on lows. Then with the fear of the IRS, the supply of bitcoins on the market could very well remain low for a while. That could drive prices up, which feeds back on the issue again. We could very well end up with $50/bitcoin but very few folks in the US willing to sell them on exchanges.
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humanitee
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February 28, 2013, 03:55:53 AM |
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Money that was slowly buying bitcoin got tired of slow accumulation and so it was just DUMPED. this money was supporting an already very unstable 31.xx but its not anymore! so, naturally we will go down....
No way. |
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 28, 2013, 03:56:50 AM |
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Money that was slowly buying bitcoin got tired of slow accumulation and so it was just DUMPED. this money was supporting an already very unstable 31.xx but its not anymore! so, naturally we will go down....
No way. lol i reread and deleted it... looks like were moving up |
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mccorvic
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February 28, 2013, 04:09:34 AM |
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Are we going to find some stability around 32.40? I sure hope so. It'd make me a happy pizza roll.
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adamstgBit (OP)
Legendary
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Merit: 1037
Trusted Bitcoiner
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February 28, 2013, 04:09:54 AM |
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bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
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mccorvic
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February 28, 2013, 04:13:13 AM |
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bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
Uh oh. Are you becoming slightly bullish? I guess I need to sell my bitcoins now! |
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keewee
Legendary
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Activity: 1025
Merit: 1000
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February 28, 2013, 04:14:00 AM |
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bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
Wait, what??? Is this Adam's bullish doppelgänger?  |
1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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adamstgBit (OP)
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 28, 2013, 04:17:55 AM |
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i sold out to the highest bidder, i lost my bet, whats done is done... i can't take it back and theirs no use being in denial anymore. bitcoin is being is now being priced by real big shot investors. we will continue to move up... 50$ is a given 100$ is inevitable and 1000$ is the target  |
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bitcoinBull
Legendary
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Activity: 826
Merit: 1001
rippleFanatic
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February 28, 2013, 04:21:46 AM |
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bitcoin is very much and always has been undervalued, we all know it has the potential to go to 1000$ a coin due to moderate success, but prices have been kept low all this time because the perceived risk was crazy high and early adopters were cashing out a few million dollars, this perceived risk appears to be less and less of a concern these days... and investors (I'm taking real investors, not a bunch of little users buying 1000$ worth...) are now willing to come aboard...
we could very well see 1000$ bitcoins b4 the end of the year.
Uh oh. Are you becoming slightly bullish? I guess I need to sell my bitcoins now! lol. I could see triple digits in 1-2 years, but four digits?! That's still two orders of magnitude away.. let's not get ahead of ourselves. |
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