Bitcoin

**StockEngine** · November 10th, 2017 04:41 AM

Japan made bitcoin a legal currency - now it's more popular than ever | CNBC Reports - YouTube

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**uls** · November 10th, 2017 11:29 PM

The price of bitcoin falls and the price of bitcoin cash rises

Since segwit2x was called off, bitcoin's original slow transaction problem wasn't solved

Bitcoin cash, created in August this year after a fork, has faster transaction speed

So we're seeing money coming out of bitcoin and going into bitcoin cash

Since bitcoin cash is more suitable as a transactional currency than bitcoin

**Verbl Kint** · November 11th, 2017 01:52 AM

I hope it goes down even further to about $6400 levels (as I mentioned in a previous post). That would be the time to buy for me. However, it looks like it is holding steady just below $7000 as of 5pm UTC.

It will probably take the whole weekend to wash out all this segwit craziness, including the sudden BCH rise. Just looking at today's charts, it seems there are a lot of whales floating around and artificially snapping on each sudden decline in price, although the volatility has mostly been limited to the $6800 to $7000 range so far, but a long day is still ahead.

**uls** · November 11th, 2017 11:02 AM

Originally Posted by BlancNoir

So it really is a bubble.

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bitcoin has been around for years but it's only recently that it attracted the attention of regular folks

it's only now they're hearing about bitcoin, about people who bought bitcoin when it was under $1000, under $500, or even under $100

they're hearing about those brand new millionaires

regular people who don't know anything about bitcoin are experiencing FOMO (fear of missing out)

so they're jumping in hoping to get rich quick like those who invested early

that flood of money into bitcoin sent its price up vertical

FOMO is a powerful force

**BlancNoir** · November 11th, 2017 01:14 PM

Originally Posted by uls

bitcoin has been around for years but it's only recently that it attracted the attention of regular folks

it's only now they're hearing about bitcoin, about people who bought bitcoin when it was under $1000, under $500, or even under $100

they're hearing about those brand new millionaires

regular people who don't know anything about bitcoin are experiencing FOMO (fear of missing out)

so they're jumping in hoping to get rich quick like those who invested early

that flood of money into bitcoin sent its price up vertical

FOMO is a powerful force

Those mofos are experiencing fomo. Lol corny. Hahaha

Anyway, it's human psyche and it is a very powerful tool.

I first heard about bitcoin last 2014 when it was trading at about 1,800+ then it crashed to about 400+ ata.

Then people who missed out in 2014, wanted in now kaya pumped up na sobra yung price. And the people who bought just now, sila yung kawawa kapag nag crash na. I say "kapag" kasi it's not a matter of if, but when.

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**StockEngine** · November 11th, 2017 03:12 PM

will it reach 10,000 usd? ☻

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**uls** · November 11th, 2017 03:29 PM

^^

there are still many people who want to get into bitcoin

as long as new money keeps going in, the price will keep going up

**StockEngine** · November 18th, 2017 06:57 AM

8000usd 🤔🤔🤔

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**Ketib** · November 23rd, 2017 12:35 AM

Originally Posted by StockEngine

8000usd 🤔🤔🤔

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Planning to leave my work here abroad and attend training in Taiwan this January. Would it be practical? My wife told me regarding this bitcoin. Training is centered investing online, actually i have no idea about forex trading.