Bitcoin has doubled its value in 25 days

And it will pop again.

This is what healthy markets and economies do.

As with organisms, if they are not jumping around, they are probably dead.
 
konfab said:
And it will pop again.

This is what healthy markets and economies do.

As with organisms, if they are not jumping around, they are probably dead.
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Again? When did it last pop? The price over the last 12 hours has been going crazy, but the overall trend is upwards. Previously over 4 day period you would see a spike and then it go back down to just above pre-spike levels to match the overall trend line. It is never really dropped below the value just before the spike, meaning it will always be trending up. I don't see the price dropping below the R38k mark in the future (although I have buy orders below that just in case...)

*Edit: Well, I was wrong. It just dipped below R38k.
 
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Mortymoose said:
What is the maximum number of blockchain currencies that can be made?
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Infinite. We can even create a MyBBCoin and use it as currency on MyBB.

rpm can take that mining rig away from Kevin to do the mining.
 
I have a feeling that this whole Bitcoin situation is going to end bad for some people... somewhere in the not too distant future. I have nothing to back that up with, just a feeling.
 
It's definitely going to pop. I am planning on buying some Bitcoins so that I can use those Bitcoins to exchange for other coins, like Digibyte or Worldcoin, but I will wait until there is a pull back. There was a time Bitcoin reach an all time high of about $1012, then it pulled back to as low as $272 after that. It can't just continue to go up like this without retracing, it has gone too high too quickly. If I'm wrong then I'll kick myself.
 
air said:
tulips anyone?
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Most people wouldn't know what you are talking about unfortunately.

I watched a few Youtube videos and on the comments section there were a few people asking if it's allowable for them to use their "credit cards" to purchase Bitcoin. Some people are even putting their life savings onto Bitcoin. This shows it is reaching unsustainable levels. But then again, I could be wrong.
 
Sly21C said:
Most people wouldn't know what you are talking about unfortunately.

I watched a few Youtube videos and on the comments section there were a few people asking if it's allowable for them to use their "credit cards" to purchase Bitcoin. Some people are even putting their life savings onto Bitcoin. This shows it is reaching unsustainable levels. But then again, I could be wrong.
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I read up about it now admittedly, but had to chuckle at this

Nout Wellink, former president of the Dutch Central Bank, described Bitcoin as "worse than the tulip mania," adding, "At least then you got a tulip, now you get nothing."[71]
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I guess back in 2013 you couldn't buy anything with BTC?
 
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