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Now is the time to buy BitCoin!!! 4/10/2014

Discussion in 'CryptoCurrency' started by TheVegan, Apr 10, 2014.

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  1. TheVegan

    TheVegan Junior Member

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    Price of BTC is 407.00 usd at the moment! get em while they're hot!!



    Last Price: 407.44 USD Low: 402.7 USD
    High: 446 USD


    Volume: 23125 BTC / 9782368 USD
    Server Time: 10.04.14 15:49






    :cow04::cow04::cow04:

     
  2. evilclown

    evilclown Senior Member

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    Hehehe bitcoin, monopoly money.
     
  3. TheMoneyWizard

    TheMoneyWizard Elite Member

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    What are you going to do next week when Bitcoin gets taken down permanently?
     
  4. 520am

    520am Regular Member

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    Who could take down Bitcoin ?
     
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  5. phirex

    phirex Power Member

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    Why would anyone be against Bitcoin?
    dont you want a world free of money manipulations?
    ffs.
     
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  6. FatBlack

    FatBlack Registered Member

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    I am not against Bitcoin, I am in fact sitting on a few BTC, but predicting Bitcoin's future is very hard. Anything can happen. Bitcoin can get "taken down" by governments making it illegal to trade the currency, just take China as an example. When China banned Bitcoin the price of BTC dropped and if every country in the world would ban BTC it would be worth almost nothing.

    Personally I am just holding my Bitcoins. I suggest people that are interested in Bitcoin should take a look at cryptocurrencies in general. Bitcoin is not the only option and it has its weaknesses.
     
  7. Patel

    Patel Senior Member

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    Lol its interesting how some people are dismissive of it. Oh, its monopoly money? Thats why it has value, and merchants all over the world are accepting this currency. If it was monopoly money, you wouldn't see venture capital, merchant adoption, and some of the most known entreprenuers in this space.

    If anything qualifies for that label, its this:

    http://www.barchart.com/chart.php?s...g=1&p=I:30&d=X&qb=1&style=technical&template=
     
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  8. cool.dude123

    cool.dude123 Jr. VIP Jr. VIP Premium Member

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    don't buy now, its only going to go lower next week. the reason for the fall is small Chinese exchanges being told by the Chinese banks that there accounts will be frozen if they continue trading bit coins. the big Chinese exchanges will probably have to stop trading on the 15th and thats when the price is likely to drop again. from there, there is no reason for it not to start going up in price.
     
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  9. 2DHades

    2DHades Power Member

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    Where to buy with Papal?? Thanks

    Also thanks for the previous post, cool.dude123!
     
  10. cool.dude123

    cool.dude123 Jr. VIP Jr. VIP Premium Member

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    you are limited based on the age of your account but you can buy with paypal on www.virwox.com
     
  11. UrsuAke

    UrsuAke Power Member

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    What if tomorrow btc is 100, won't it be a better time to buy btc then?
     
  12. lietuvis002

    lietuvis002 BANNED BANNED

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    It's a guessing game, you can't know. What if tomorrow BTC is $1500?
     
  13. cool.dude123

    cool.dude123 Jr. VIP Jr. VIP Premium Member

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    should be down to about $350 soon (within 7 days), already down to $385
     
  14. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    The USA has recognized BTC as a commodity, so it's not gonna be banned in the Western markets. China on the other hand has already done all the damage they could do, plus the MtGox scandal scared a lot of people away, but none of these were flaws in BTC but in the systems they were inserted in, so there's that.

    I got my predictions wrong about Aurora and Redd, but I'm still sitting on a bunch of coins, especially DOGE and BTC. I hope I'm not wrong about those two.
     
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  15. cool.dude123

    cool.dude123 Jr. VIP Jr. VIP Premium Member

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    I think you are wrong there, china can still do a lot of damage http://www.coindesk.com/bitcoin-price-crashes-chinese-exchanges-stop-bank-deposits/ just need to wait to see what the big exchanges in china do. if they stop trading then it could be another big blow. However I do believe bitcoin can bounce back and these drops are only a few hiccups, which is natural with a new concept (like the internet some time ago) like bitcoin.
     
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  16. akacash

    akacash Jr. VIP Jr. VIP

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    One big thing that BTC has going for it right now is Coinbase and the direction it seems they're headed. It appears as though they're trying to be the Paypal of BTC. There's going to be some hiccups in their system along the way, as there was with Paypal, but in the end I believe they have some good people on board now that are going to create a long term viable solution for easier purchase/investment into BTC for the average person like you or I. The Robocoin ATM's should also have a little impact as well as more of them continue to be shipped out. It's really fun to watch it all unfold though.
     
  17. norm1388

    norm1388 Jr. VIP Jr. VIP Premium Member

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    Theres still a lot of work that needs to be done for bit coin to take back off, if you're looking for a quick buck i don't think BTC will be jumping high in a flash anytime soon.
     
  18. TheVegan

    TheVegan Junior Member

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    It doesn't matter that the government is banning bitcoin in China they will continue to trade on a "black market" as they do with many other things. For example so much internet content is illegal in China, but the majority of Chinese use VPNs or some similar service to view content, its normal :) ..... Same goes for US or anywhere else, they could ban it, that doesn't stop people from using it. This is the whole concept of DECENTRALIZED currency :D
     
  19. TheVegan

    TheVegan Junior Member

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    Up bit is also a pretty cool free service for trading different cryptos. Or payeer, its like paypal but you can have cryptos too , theres a bunch others
     
  20. TheVegan

    TheVegan Junior Member

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    By the way the price is insanely low right now! this has been one of the craziest days for trading :D its crashing right now pretty hard on btc-e, I think because of the whole China scare

    Last Price: 377 USD
    Low: 375.001 USD
    High: 439.983 USD

    Volume: 29589 BTC / 11963944 USD
    Server Time: 11.04.14 00:57