RE: Bitcoin: Just a retest or start of a larger correction?

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Bitcoin: Just a retest or start of a larger correction?

in bitcoin •  7 years ago 

Love the post and analysis bro and bring on 10k (AUD) by Xmas and I'll be a Happy Lil Vegemite :D

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7 years ago by

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      ·  7 years ago 

    That would be awesome! I want to take my profits and run now, but I think I have to leave at least a coin on for the future :)

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      1 vote
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        ·  7 years ago 

      The magic number you want to have for the future is 21 - one millionth of the total possible supply. That's a substantial pile of money these days though... I mined more than that many once upon a time, and foolishly spent all of them before it broke $20 :-/

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        [-]
          ·  7 years ago 

        Yeah bit out of my league atm ... could have done it when I first heard about it if I persisted with the overly complex fiat -> BTC methods of the time ... but I gave up :(

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          [-]
            ·  7 years ago (edited)

          I hear that - I'm in the same boat when it comes to that because I foolishly spent all the coin that I mined back when it was still real cheap. Personally, I believe that BitShares has far greater potential than BTC, largely because it's already solved two of the biggest problems that are barriers for the use of Bitcoin in commerce - scalability and volatility. BitShares is still just barely above the ground floor - but it won't remain there for very long at this point.

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            [-]
              ·  7 years ago 

            Yep, completely agree on that. Waves might look prettier, but Bitshares dwarfs their transaction capacity. Things will only get better if it heads to EOS too ...

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