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Old 03-28-2013, 03:12 AM   #1
Dirty F
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Bitcoin just hit a 1 billion dollar market capitalization!!

1 billlllliiiion dollars!!
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Old 03-28-2013, 04:28 AM   #2
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People want to buy ~350k BTC
Available to sell ~50k BTC

There's 10 million USD buy orders on the main exchange, Mtgox.

Compared to the sell orders, mang we be going up again

Last edited by Internet Guy; 03-28-2013 at 04:39 AM..
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Old 03-28-2013, 04:30 AM   #3
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We'll see where it is by years end.
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Old 03-28-2013, 05:34 AM   #4
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if you dont sell right now youre an ass. its at a peak
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Old 03-28-2013, 05:43 AM   #5
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People want to buy ~350k BTC
Available to sell ~50k BTC

There's 10 million USD buy orders on the main exchange, Mtgox.

Compared to the sell orders, mang we be going up again

nice way to look at it, thanks!
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Old 03-28-2013, 06:15 AM   #6
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Old 03-28-2013, 06:28 AM   #7
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looking good





























































on paper

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Old 03-28-2013, 07:20 AM   #8
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i like all the media hype pump, like buying house with bitcoints and etc....
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Old 03-28-2013, 08:52 AM   #9
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This really is an amazing achievement!
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Old 03-28-2013, 08:56 AM   #10
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nice way to look at it, thanks!
Not to mention 5000 accounts not approved yet on gox.

Be on the lookout for the weekend dip
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Old 03-28-2013, 09:08 AM   #11
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Holy crap
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Old 03-28-2013, 09:36 AM   #12
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any day now...
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Old 03-28-2013, 09:43 AM   #13
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.
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Old 03-28-2013, 09:49 AM   #14
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1 post. 1 bitcoin . score!
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Old 03-28-2013, 09:57 AM   #15
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.


ok, that's a fuckign classic right there!
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Old 03-28-2013, 10:17 AM   #16
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Mine have gone up quite a bit. I am thinking of selling a few to get my money back and just riding the rest.
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Old 03-28-2013, 11:34 AM   #17
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I wish I didn't sell all my bitcoins last year when it crashed to $1,
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Old 03-28-2013, 11:35 AM   #18
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any day now...
QFT
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Old 03-28-2013, 11:54 AM   #19
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People want to buy ~350k BTC
Available to sell ~50k BTC

There's 10 million USD buy orders on the main exchange, Mtgox.

Compared to the sell orders, mang we be going up again
Only a Ponzi scheme charts like that. (There?s no revenue model; all growth comes from ?investors?. So this is a speculative bubble in its pure form. It?s not comparable to a startup company.)

When a Ponzi scheme crashes, it crashes fast, and it crashes all the way.
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Old 03-28-2013, 11:57 AM   #20
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I wish I didn't sell all my bitcoins last year when it crashed to $1,
don't be too hard on yourself. no one can predict these things, especially after all their security mistakes.

There's a future for digital currency only if there is trust. Bitcoin is ripe for hyper-inflation. Hyper-inflation is not a financial event, it is a political/societal one.
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Old 03-28-2013, 12:03 PM   #21
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Only a Ponzi scheme charts like that. (There?s no revenue model; all growth comes from ?investors?. So this is a speculative bubble in its pure form. It?s not comparable to a startup company.)

When a Ponzi scheme crashes, it crashes fast, and it crashes all the way.
You either have no clue what a ponzi scheme us or what Bitcoin is.
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Old 03-28-2013, 12:05 PM   #22
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You either have no clue what a ponzi scheme us or what Bitcoin is.
A great example of an extremely long running ponzi scheme was the Madoff Investment Scandal, dating back to the early 1990s. BitCoin by comparison is still young in comparison and whilst most pyramid and ponzi schemes are pump and dump affairs there?s no reason why they can?t operate under the guise of being legitimate for many years before the house of cards starts coming down.
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Old 03-28-2013, 12:10 PM   #23
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It simple had nothing to do with a ponzi scheme. The only reason you think it does is because you obviously don't know how Bitcoin works.
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Old 03-28-2013, 12:13 PM   #24
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A great example of an extremely long running ponzi scheme was the Madoff Investment Scandal, dating back to the early 1990s. BitCoin by comparison is still young in comparison and whilst most pyramid and ponzi schemes are pump and dump affairs there’s no reason why they can’t operate under the guise of being legitimate for many years before the house of cards starts coming down.
Dirty F is completely correct. bitcoins cannot be a ponzi scheme.

fact is, there are multiple distribution spots/channels, no centralized distributor, the price is completely liquid and you can buy and sell at any time on any exchange you wish.
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Old 03-28-2013, 12:16 PM   #25
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yep, you remember all the people on this board who had a laugh with bitcoin?
c'mon smart guys laugh it up now ahahaha

i still have
bitcoinvideos.com
bitcoinvod.com

for sale...

pm me

and as with bitcoin the prices have gone up accordingly.

.
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Last edited by Caligari; 03-28-2013 at 12:17 PM..
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Old 03-28-2013, 01:02 PM   #26
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bitcoin rocks
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Old 03-28-2013, 01:21 PM   #27
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Dirty F is completely correct. bitcoins cannot be a ponzi scheme.

fact is, there are multiple distribution spots/channels, no centralized distributor, the price is completely liquid and you can buy and sell at any time on any exchange you wish.
fact is that 1 billion of imaginary wealth was created, which is as real as the $$$ amounts on quarterly statements that Maddof sent to his investors...
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Old 03-28-2013, 02:48 PM   #28
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It simple had nothing to do with a ponzi scheme. The only reason you think it does is because you obviously don't know how Bitcoin works.
it is like it in many ways though, maybe one person does not have control over it but it still is what people make it and it could tank just as easy. I sold mine at a 1400% profit so I am happy. Yeah I will cry if they double from today but still have to be happy either way.
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Old 03-28-2013, 03:21 PM   #29
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franck finds out what a bitcoin is last week

and this week he's an expert?

lmfao
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Old 03-28-2013, 03:27 PM   #30
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any day now...
wow! i love these images
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Old 03-28-2013, 03:28 PM   #31
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fact is that 1 billion of imaginary wealth was created, which is as real as the $$$ amounts on quarterly statements that Maddof sent to his investors...
absolutely agree. that does not make it a ponzi scheme. the nyse runs on rumor, from what i've read, it's a gossip circle on wall street. in that sense, certainly the stock market is the same sort of exchange.

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Old 03-28-2013, 03:50 PM   #32
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Only a Ponzi scheme charts like that. (There?s no revenue model; all growth comes from ?investors?. So this is a speculative bubble in its pure form. It?s not comparable to a startup company.)

When a Ponzi scheme crashes, it crashes fast, and it crashes all the way.
I don't think you understand how the monetary system works... lol
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 03-28-2013, 03:51 PM   #33
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fact is that 1 billion of imaginary wealth was created, which is as real as the $$$ amounts on quarterly statements that Maddof sent to his investors...
Yeah well we all operate in imaginary dollars don't we ?
It's only numbers people give a value too. We'll see how it goes.
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 03-28-2013, 03:53 PM   #34
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I don't know much about these, barely anything. But I remember at one time there was something about using processor power for mining. What was that all about? I have a lot of processing power sitting in my office. Does that still exist? If so, how does it work and is it worth setting up? I have a beefy i7 sitting here doing nothing most of the time.
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Old 03-28-2013, 04:07 PM   #35
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franck finds out what a bitcoin is last week

and this week he's an expert?

lmfao
And he cant stop talking about it either, Its like he found a new kind of fetish or something.
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Old 03-28-2013, 04:09 PM   #36
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And he cant stop talking about it either, Its like he found a new kind of fetish or something.
watch and learn.. next week there will be threads:

"Franck, how much of my life savings should i invest into bitcoins"
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Old 03-28-2013, 04:10 PM   #37
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watch and learn.. next week there will be threads:

"Franck, how much of my life savings should i invest into bitcoins"
Today I cashed out my 401(k) and my Roth IRA based on Franck's advice. It's on.
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Old 03-28-2013, 04:17 PM   #38
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my adult acne cleared up after reading Dirty F's 1st thread on bitcoin
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Old 03-28-2013, 04:24 PM   #39
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This is where you short it, if you could.

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Old 03-28-2013, 06:46 PM   #40
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my adult acne cleared up after reading Dirty F's 1st thread on bitcoin
Mine came back! WTF?

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This is where you short it, if you could.

What stage are we at now? I'd say right above "media attention"
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Old 03-28-2013, 07:06 PM   #41
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Did you hear the joke about the bitcoin?

A bitcoins walks into a bitcoin, one bitcoins says to the other bitcoins. Bitcoin!!!!


ahahahahahha
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Old 03-28-2013, 07:23 PM   #42
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yep, you remember all the people on this board who had a laugh with bitcoin?
c'mon smart guys laugh it up now ahahaha

i still have
bitcoinvideos.com
bitcoinvod.com

for sale...

pm me

and as with bitcoin the prices have gone up accordingly.

.
And why shouldn't it be laughing matter?
I mean smart people will profit here from all the dumb people. Smart people sees that bitcoin value is based solely on how many dumb people will think its a "real" currency and so on.
Nobody says you can not make money from stupid things.
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Old 03-28-2013, 07:29 PM   #43
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yep, you remember all the people on this board who had a laugh with bitcoin?
c'mon smart guys laugh it up now ahahaha

i still have
bitcoinvideos.com
bitcoinvod.com

for sale...

pm me

and as with bitcoin the prices have gone up accordingly.

.
LOL you still have the domain names though so how can you be laughing? After you sell them for a high price and bitcoin crashes then I would understand but now...
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