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> 1BTC = USD19.3k ..4K USD in a night!, New level of BTC

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differ
post Dec 8 2017, 03:08 AM

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Biggest bubble in known human history.
differ
post Dec 8 2017, 03:13 AM

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QUOTE(SmallPenguin @ Dec 8 2017, 12:45 AM)
lol?

A sell a virtual coin to B
B pays cash
A leaves and yolo
*crash*
B have coin with no value and lost cash
so someone still gonna lose money
its just the money goes to from A to B or B to C
no value is created in between

the last person, C, who pays the premium to A and B gonna 14th floor
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Except in BTC case it is probably A sell to B, B sell back to A, repeat... each time sell at a higher price.

C sees the price go up and wants in on the action.

A and/or B decide to cash out to C.

C holding BTC worth 25k each, except that nobody wants to pay that price any more.
differ
post Dec 8 2017, 03:23 AM

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QUOTE(FatalitY @ Dec 8 2017, 12:50 AM)
End user will suffer. Rich ppl, unless they bodoh go buy and invest all in btc...then congrats. Traders will still laugh, they're the 'A' kind. But there's like millions of bitcoin, not even half was mined, so it will take a long time for it to crash to oblivion.
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Someone mentioned in one tered that 76% mined already wor
differ
post Dec 8 2017, 10:31 AM

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QUOTE(KLboy92 @ Dec 8 2017, 03:48 AM)
which tells you how far you should trust "experts" like that on /k rolleyes.gif
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Actually i checked myself and there are 16 million BTC in circulation as of June 2017, not sure if these include the million or so inactive coins.

So i guess they were sort of right.
differ
post Dec 8 2017, 12:00 PM

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QUOTE(KLboy92 @ Dec 8 2017, 10:34 AM)
I mean "experts" who can dismiss Bitcoin and yet claim that "not even half are mined" - that should tell you how well-informed they are doh.gif
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Actually the person who mentioned that 16 million were already mined was someone who was warning caution against going all-in to BTC.


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