Bitcoin : The New World Currency

Mindless Chatter - Not related? Post it here.
submethod wrote:
vvk wrote:
submethod wrote:bitcointalk.org
coindesk.com

We just surpassed $8,000 per BTC


in all seriousness.... How far / where do you think this thing will go in the next year?


It is difficult to say. I predict 100K in the next ten years. However, I do predict 10K by end of the year. It might be bumpy with pull backs though.



2 words... HOLY SHAT
vvk
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submethod wrote:bitcointalk.org
coindesk.com

We just surpassed $8,000 per BTC




Thank you!
David Choe prints http://outeredgestudio.com
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outeredgestudio
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We just hit $9,500 and its still going.
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submethod
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Sucha A Awesome ride today... Makes you feel alive! Hope you guys were all safe and no one got burned.
Last edited by vvk on Thu Nov 30, 2017 7:25 pm, edited 1 time in total.
vvk
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We broke $10,000 and rallied to $11k before a drop down to $10,100 average. For those of you who listened to me, congrats!
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submethod
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I wish I would have bought into this. Oh well! Congrats to those that invested!
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spagucci1
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$13000
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submethod
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Straight ballin'.
Broke $19K today. 8)
The Lincoln Squirrel has been assassinated! - Kent Brockman
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cybernigel
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Where is the best place to buy in ?
Last edited by TinManOne on Sat Dec 09, 2017 1:43 am, edited 1 time in total.
Modern art = I could do that + yeah... but you didnt
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TinManOne
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$16,399 as of this press time.
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submethod
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TinManOne wrote:Where us the best place to buy in ?


2016
toobs wrote:FCUK U JOBUUUUU!!!
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bdavenport
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TinManOne wrote:Where is the best place to buy in ?


a remember Sub listing a few different exchanges / online wallets a few pages back.

but read through this list some of these and see if anything interest you.

https://www.bestbitcoinexchange.io/
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Thanks abunch guys !

I'll look into it
Modern art = I could do that + yeah... but you didnt
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TinManOne
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Bitcoin currently at $9300.
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spagucci1
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Yes...bear market. Nothing new. It'll be fine.
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submethod
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BTC is back over $10,800. Break out your champagne bottles.
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submethod
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submethod wrote:BTC is back over $10,800. Break out your champagne bottles.


Its been a nice ride for the last few months. :)
random message board post about art wrote:This past weekend I briefly visited a room that had three faithful reproductions of Duchamp's Fountain. Not only did I notice, I used one of them. It's so interesting because the work tells the truth.


itsniceouthtere wrote:yeah because we all know how intricate and deep the meaning within street art can be. If anything, street art is the MOST LITERAL FORM OF ART! if street art has made any negative impression on society today, its that it has made every 13 yr old with $100 and an eBay account into an art know-it-all.


Jason Filipow wrote: "MBW was that last bit of dead weight that broke the rear axle of the street art bandwagon."


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Backpackpunk
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Is this true?

“When bitcoin first crossed $10,000 in November 2017, it took just 18 days to hit its all-time high of nearly $20,000”
vvk
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vvk wrote:Is this true?

“When bitcoin first crossed $10,000 in November 2017, it took just 18 days to hit its all-time high of nearly $20,000”


It is true!
https://coinmarketcap.com/currencies/bitcoin/historical-data/?start=20171128&end=20171217
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NegCreep
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$32,829 I told you.
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submethod
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#cryptobubble
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jjttdw
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jjttdw wrote:#cryptobubble


I would laugh, but im to busy counting my.....
vvk
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I'm of the opinion that with interest rates so durn low capital is looking for any and every avenue for better returns. That includes things like bitcoin and explains why the stock market is so high when many companies are reporting lower earnings. Eventually air comes out of the bubble. The only questions are when and how much air.

Perhaps I am missing some underlying economic reason as to why the value of a bitcoin has risen 3x in 3 months.
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jjttdw
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jjttdw wrote:I'm of the opinion that with interest rates so durn low capital is looking for any and every avenue for better returns. That includes things like bitcoin and explains why the stock market is so high when many companies are reporting lower earnings. Eventually air comes out of the bubble. The only questions are when and how much air.

Perhaps I am missing some underlying economic reason as to why the value of a bitcoin has risen 3x in 3 months.


I appreciate your opinion.
Everyone probably has a different reason or belief of its value, however I will share my reason. It comes down to Supply and Demand, which is something we all here understand. Its the very foundation of this collectors market. You have it and I want it. and thus I will Pay XXX amount for it. however Next month I may not want it and will offer to sell it for XXXX amount so I can buy my Lambo.
vvk
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Kinda dovetails into what I was saying...free capital looking for a place with higher returns meets a something with limited supply. Same thing goes with stocks. More buyers than sellers, price goes up attracting more buyers, price goes up etc.

The dotcom and housings bubbles were built on that dynamic. I wish I threw a couple grand into it when it was super cheap. Then we both have:

Imag

Or a better Obey collection

I just wonder when the Tesla bubble pops. GM has 6x revenue and billions in profit, Tesla maybe breaks even and has a market cap 10x higher.
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jjttdw
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