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Author Topic: Bitcoin better had not go below $50  (Read 3144 times)
Chef Ramsay
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February 12, 2015, 04:30:57 AM
 #41

for every panic seller there is a buyer who gets cheap coins

If there was a way to say it, this would be sort of how we do it. Interesting things are interesting.
manis
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February 12, 2015, 05:56:59 PM
 #42

Put a lot of money in recently at 200 it should be a bargin considering this is life changing technology and what the future holds.

How the hell can it drop any further since before all this infrastructure and awareness now how the hell can it go lower

What makes you get the number $50?  Smiley
manselr
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February 12, 2015, 07:24:22 PM
 #43

Put a lot of money in recently at 200 it should be a bargin considering this is life changing technology and what the future holds.

How the hell can it drop any further since before all this infrastructure and awareness now how the hell can it go lower

What makes you get the number $50?  Smiley
Nothing, its psychological, as everything in the markets. 50 is around number, its half 100, the other half is 0..
ThatDGuy
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February 13, 2015, 04:36:25 PM
 #44

Put a lot of money in recently at 200 it should be a bargin considering this is life changing technology and what the future holds.

How the hell can it drop any further since before all this infrastructure and awareness now how the hell can it go lower

What makes you get the number $50?  Smiley
Nothing, its psychological, as everything in the markets. 50 is around number, its half 100, the other half is 0..

50USD != 50EUR != 50CNY

Trying to account for psychological ties to numbers when BTC is traded globally seems rather obviously flawed.
rosh
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February 13, 2015, 04:47:10 PM
 #45

Put a lot of money in recently at 200 it should be a bargin considering this is life changing technology and what the future holds.

How the hell can it drop any further since before all this infrastructure and awareness now how the hell can it go lower

What makes you get the number $50?  Smiley
Nothing, its psychological, as everything in the markets. 50 is around number, its half 100, the other half is 0..

A lot of people are hoping for $300 now.
$50 is far away.  Smiley
yefi
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February 13, 2015, 06:56:24 PM
 #46

50USD != 50EUR != 50CNY

Trying to account for psychological ties to numbers when BTC is traded globally seems rather obviously flawed.

USD is still the benchmark. I'm in Europe, and I don't measure price in Euro.

Admittedly, the primacy of numbers is not what it once was though. Cry
ThatDGuy
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February 13, 2015, 07:29:34 PM
 #47

50USD != 50EUR != 50CNY

Trying to account for psychological ties to numbers when BTC is traded globally seems rather obviously flawed.

USD is still the benchmark. I'm in Europe, and I don't measure price in Euro.

Admittedly, the primacy of numbers is not what it once was though. Cry

That is a good point, I hadn't thought about it particular from a European perspective - I initially imagined there being a bigger gulf between someone using CNY, though.
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