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Thread: Bitcoin

  1. #46
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    mini you are far behind the game man... bitcoin fell to $13,000 range and now on a steady uptrend... this will go to $30,000 quickly... $100,000 next year man...
    Last edited by Shrewd Crude; 11-12-2017 at 02:59 PM. Reason: uptrend
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  2. #47
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    mini... bitcoin building fast... it will break all time highs this week... bitcoin now at $16,500... as I said yesterdays biggest crash ever and we were celebrating laughing.our heads off... not even joking man....

    you lot couldnt be more wrong with this crypto
    Cryptocurrency holdings in utrust cardano and power ledger... ripple... neo.... .....LOCI ...
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  3. #48
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    Quote Originally Posted by Shrewd Crude View Post
    mini you are far behind the game man... bitcoin fell to $13,000 range and now on a steady untrend...
    Maybe a bit optimistic - it took years to get to $18,000

  4. #49
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    Quote Originally Posted by Shrewd Crude View Post
    mini you are far behind the game man... bitcoin fell to $13,000 range and now on a steady untrend... this will go to $30,000 quickly... $100,000 next year man...
    Now there's a worry. What's an untrend?

  5. #50
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    thanks for pointing out my spelling mistakes I write so fast man its the purest form... bitcoin building fast now
    Cryptocurrency holdings in utrust cardano and power ledger... ripple... neo.... .....LOCI ...
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  6. #51
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    $4000 range last day, wicked money lol and risk
    bull

  7. #52
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    Quote Originally Posted by minimoke View Post
    Maybe a bit optimistic - it took years to get to $18,000
    $0-$1000 - 1789 days
    $5000-$6000 - 8 days
    $6000-$7000 - 13 days
    $7000-$8000 - 14 days
    $8000-$9000 - 9 days
    $9000-$10000 - 2 days
    $10000-$11000 - 1 days
    $11000-$12000 - 6 days
    $12000-$13000 - 17 hours
    $13000-$14000 - 3 hours

  8. #53
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    If a bitcoin was something physical it would probably explode with that sort of energy behind it.

  9. #54
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    My biggest concern is, when bitcoin crashes, will it trigger a crash in the stock markets. Is it big enough to have an impact?

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    Quote Originally Posted by Banksie View Post
    My biggest concern is, when bitcoin crashes, will it trigger a crash in the stock markets. Is it big enough to have an impact?
    If you don't know the answer to that question you're not qualified to comment on weather or nor bitcoin will crash.

  11. #56
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    Quote Originally Posted by Blakie View Post
    If you don't know the answer to that question you're not qualified to comment on weather or nor bitcoin will crash.
    Considering you can't spell you should not put down someones reasonable statement.

  12. #57
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    Quote Originally Posted by Blakie View Post
    If you don't know the answer to that question you're not qualified to comment on weather or nor bitcoin will crash.
    Everything crashes eventually.

  13. #58
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    Quote Originally Posted by Banksie View Post
    Everything crashes eventually.

    Bitcoin 'crashes' all the time to varying degrees. The volatility is reducing, but even within the past few days, we have had an 18% difference in price on a single day of trading. Several years ago that could have been several hundred percent.

    To your original question, I personally don't see how that the 'real' economy is tied to Bitcoin (and other crypto's) sufficiently at this stage for it to have a contagion effect. Maybe if the market cap increases by a few times and there are more companies and jobs tied up in the industry, but until then...?

    Who might it impact? Maybe the semiconductor industry? I don't know who makes the bitcoin-specific mining/hashing silicon, but AMD and Nvidia will both be benefitting from GPU demand generated by crypto mining for sure. Not sure if it is significant enough for it to matter though. And any downturn in that industry would be offset by an increase in value for banking and finance stocks.

  14. #59
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    Quote Originally Posted by Banksie View Post
    My biggest concern is, when bitcoin crashes, will it trigger a crash in the stock markets. Is it big enough to have an impact?
    My view is no. People putting there money into Bitcoin aren't likely to be your typical stock market investor- if they are it will be play money that they would usually put into a casino or lotto syndicate.

    AS far as I can see there is no industry / business reliant on bitcoin. So when it (or any other crypr crashes) it wont bring a company down with it.

    It may benefit the share market once crashed - as anyone with any money left will look for a safer haven. Any old penny dreadful will look quite appealing by comparison.

    It may also create a legitimate investment opportunity in a blockchain development company.

    Also may benefit energy sector with extra energy flowing back into the grid rather than heating lord only knows how many CPU's

  15. #60
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    im sorry minimoke but your advice has been dreadful...
    at no point have you or anyone else owned up to the fact that your opinions have turned out to be completely wrong....
    im dead serious man...
    cryptocurrency is dirt cheap...
    make no bones about that brother....
    there is a long long way to go in this run...
    casino or lotto syndicate...
    you are kidding yourself man...

    .^sc
    Cryptocurrency holdings in utrust cardano and power ledger... ripple... neo.... .....LOCI ...
    Market capitalisation 130billion...
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