Bitcoin Forum

No more excuses / false hopes for yourself, bitcoin is a failure and the downtrend will hit sub $100 til the network stop for negative mining ROI.

Time to accept your losses and the reality!

Bitcoin is not fine and the end starts here:

http://bluewealthcapital.com/wp-content/uploads/2014/07/head-in-sandweb.jpg http://media.indiatimes.in/media/content/2012/Nov/ostriches_bury_their_head_1353322375_540x540.jpg

Account: created very recently. Stereotype checks out.

I will say the same thing as dozens of people proposed already, but nevertheless: reinstate newbie jail. And also Blitz: are you even actually moderating this subforum? Judging from the number of NLC alts that you allow to wander around I consider the possibility that you are actually high most of the time you are online. Moderate this board, or add a lieutenant to aid you in cleaning up these boards. This can't go on.

Welcome on my ignore list I hope you feel at home.

You keep fooling greater fool to buy your bags in this ponzi game, good job

Cool story, bro.

I lol'd harder than I should have  ;D


No truer words could have been spoken. I vote ParabellumLite for Bitcoin President. (Sorry Vod)

Because Bitcoin has never been worth sub $100 before it is the end! Oh wait, it did get to sub $100. Multiple times. And bounced back... everytime!
I don't think so. Keep up the fud threads though. They're worth a laugh. >.>

Newbie
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Why are the same dumb fucks allowed to shitpost FUD beyond belief? They should be contained within the beginner section.
Notice how its the SAME person, and notice how everyone FUDing now will be GONE once the price goes back up.

The price hasn't gone up for 16 months, the only way it goes is down down lower

Can you please create 10 more accounts? 

Jesus why do people have to post stupid shit like this. If you think its a failure then I guess you better take your losses and sell. Why come on here with that. Its pointless and everyone hates you haha.

most people are getting used to these threads. they are all the same. op will probably create a new account once the price bounces back up.

trollolololol

http://upload.wikimedia.org/wikipedia/commons/6/66/Troll_Warning.jpg

Lol he will just sign into his other account and say "Ha I told you guys not to sell. I was right the whole time."

Bitcoin is an overwhelming success, and some of the people involved (i.e. Mark K) are huge failures.
You are new here, perhaps you want to learn? 

I think the end started at $500 till now wheres it going to real value.

And the real value should stay around $100, until something great happens for it which is probably an etf annoucnment if that ever does happen.

I mean why stress on the price? I rather focus on what I can do to produce more of it incase it does go up one way while it still retains some value left, and hold some longer term.

It should be like 1/3 holding, selling the remainder for bills or other things.

LOL so scary story :D
imagine bitcoin first price, the price is only less than $1. And now fly to around $200, the distribution is still continue, the adopter growing, this coin will be mainstream. Admit it! ;)


~iki

When you wake up every day, you have two choices.
You can either be positive or negative; an optimist or a pessimist. I choose to be an optimist. It's all a matter of perspective.

Then what the hell are you waiting for? Get a massive loan in bitcoins, sell them, wait for the price to go further down, buy back and repay the loan and enjoy the profit.

Jews your are going to have to do A LOT better than that.... god your old methods are amazingly sad in todays world.

That's why the price drops so hard, most bag holders are dumping, is this too difficult for you to understand?

Bitcoin will never fail ! Unless everyone wants it to fail, bag holders are dumping because theyre weak hands :( they cant handle the falling prices but those with bitcoin to hodl will hodl as in the end you wont make a loss until you sell !

You will lose 100% instead of 90% of your money if you wait longer

Reading comprehension issues?

Are you? op is clearly telling you that most of bag holders are dumping, understand? no one is waiting for another bubble, most are dumping. loan or not, future swaps or exchanges are all dumping.

That's how you get here at $200 and then $100 and then $30 and then $1 etc..

As usual the most confident pronouncements come from the least informed anonymous posters.  ::)
"Bitcoin is a failure!" so says the brand new account.  :D

And they will be proved to be right as they always be.

By the way, mod banned all bears accounts is the reason for these brand new accounts coming out, nothing special about it

Then let's bet! $20 says bitcoin will be alive and in use 1 year from now. Since you know it has already failed your sure to win.

well then it will never fail as it will be worth at least a few cents in the worst scenario. its impossible to loose for you then

Generally speaking the hash rate will drop very hard because of negative ROI of mining (let's say $60?), at that point the bitcoin blockchain network might stop processing any transaction.
Then no one can send or receive any bitcoins anymore.

It's just being pessimistic. I know and agree that the price of bitcoin is decreasing but it won't reach $100 at least for 3-4 months. It has just decreased by $30 in the past 3 months which is not such a huge decrease.

The important question here is: But will you FUDsters come back in 1 0years and admit you where insanely wrong? or will you not come back to accept defeat? That's whats up.

I don't think bitcoin or this bitcoin forum can last that long, it make no sense to talk about thing that far anyway.
I can also say a thing called shit-ponzi-scam-coin will worth a lot after 10 years, wait and you will see.

New account, new account, new account, new account, new account

Get a life.

Yeah.  I make all my decisions based on unsolicited newbie opinions...   :P

What an original thread. Newbie account - check, Bitcoin is a scam/ponzi/etc-check, we should admit that bitcoin failed-check. Who makes these posts ? I mean do you seriously think what you can make us think hat bitcoin failed because of a price drop ? Next time try better than this.

HA! go buy your cheaper and cheaper and worthless scamcoin :)

I thought not. If you won't put your money where your mouth is then why listen to you? In fact why are you here, to "warn us"?
Ok batman thanks.  ::)

Reading comprehension issues? I put my sell orders from $300 to $230, why don't you start buying this dying coins from me before you give any fake moon promises here since last year?


Generally speaking the hash rate will drop very hard because of negative ROI of mining (let's say $60?), at that point the bitcoin blockchain network might stop processing any transaction.
Then no one can send or receive any bitcoins anymore.

Now you're referring to yourself in 3-rd person? Dafaq is wrong with you boy?

Take a deep breath and read what I wrote slowly word-by-word, or do you need to draw you a pictures?

That makes no sense to me at all. I was here when BTC was worth pennies and it worked fine. If mining becomes unprofitable then miners shut down some of their mines. This is how actual mining works also. It is also how this system was designed. You may want to read "the white paper" by Satoshi Nakamoto. It may clear up some of your confusion about how bitcoin works.

i know you are trolling but...a dump can't kill bitcoin, is just another price change, like many others, the fact that we dropped from 1200 to 200, does not mean that it will keep falling until $1 like you said, 1200 price was willy bot fault, so at worse it might drop at around 100, that was the price before the fake pump started


the only difference i could see with the past, is a risk of 51% attack that can become more prominent, because now there are big farm that can control easily the network if the diff fall too much

I don't mind if they have some good arguments against Bitcoin but random trolling just shows me this is a pathetic little man with no friends, hobbies or girlfriend.

Oh so we are talking about around $100 is possible, this is not what bulltards like you promised in the last 16 months.
I can see what's coming out next from your mouth soon, "at worse it might drop at around 50 and because of willy bot fault"  huh?

By the way, the early leaver or may be also the co-partner "Mark Karpeles" of this ponzi coin is the only one to blame on? what about it's promoters like you?

Very true. when the hash rate drops for bitcoin price collapse which is going to happen soon, 51% attack will come alone and end the bitcoin scheme

Now that is a reasoned criticism. I was surprised myself to see how quickly mining went to an industrial scale. It has really run ahead of adoption. I do think that there are powerful factors that work against a 51% attack however. The most important being self interest. A mega-mine that somehow gets a majority of the hash power could launch such an attack. But what would they gain? They would get caught, it would not go on for long and would, IMO, greatly hurt the price. In the end it is hard to see how they could profit from it. Especially having invested so much in infrastructure.

"They would get caught" get caught for what? since when stronger hash rate insert block first or double spend is illegal?
Are you talking about blockchain analyze or good/bad bitcoin filter shit again? this would kill bitcoin first you know?

I didn't say they would go to jail. But people are going to find out who minted the bad coin(s). It's not going to be good for their business and likely will end their operation. It is also true that depending on where they live it could be illegal. For example selling such coins may constitute fraud in the U.S. Although it may be unrealistic to assume the police will help.
Personally I am against "colored" coins. However if we have a 51% attack I think we would have such a system within months. I assume nobody wants counterfeit bitcoins.

Sorry but no, not gonna happen. It won't be called bitcoin anymore if these kind of shits really happen.
And there is no good/bad real/unreal bitcoin, they are all same tokens sha256 verified in main block or "fork" blocks. People("tough" bitcoiner kids on internet) might or might not find out who they are and they will be just fine on doing that as before.

Motive? Why would anyone lose money, an evil miner? 

They are going to double spend once the hash rate drops low enough because of the negative ROI of mining.
Motive? Quick Money. You checked the bitpay 2014 report right? rich people and big company like to get USD and EUR much more than a bitcoin dying-cheaper-coin.

You still haven't read the white paper have you. It's like arguing with a 5 year old about Santa clause. Welcome to my ignore list.

what i have promose man? i'm not promising anything, i don't have any crystal ball, like you trollish guy, i'm guessing besides on my intuition, and btw we are still in my guess range 220-230

There's some guy, somewhere, sitting back in a chair........

....laughing his ass off each time we engage with these posts.

He throws out the bait and all us fish swim on in.

Ok i admit it, now send me all the btc you have left and i will get rid of them for you.  ;D
And as others have said, welcome to my ignore list.

Time to admin you are scare of others. Why do you create a new account just to post this..

If you think the network will just collapse just because it drops below 100 then you are wrong. It's a matter on how these miners adjust and adapt according to the price change. Oh yeah and talk about hitting 100, I'm sure it won't stay there for long. Everyone is just waiting to buy at that price and that is including me.

To buy some cheap coins from the panic sellers :)

Yep, the network will adjust allowing for some miners to work at lower prices :D who knows maybe we will get more efficient miners next gen :P

Low price might be a good thing - to get rid of all these centralized mining farms. And for us to buy cheap :P
Bitcoin could then flourish once more after the purge...

Yes this is the reason why he (or she) created new account. Thanks for answering the question on behalf on him (or she). :)

If it worked when it was a fraction of a dollar, why won't it work now?  It's getting more resilient every day that passes.  I don't think USD price is the whole equation. 

By a long stretch.

The faith IS The Equation, if we keep strong in it and inspire others (friends, relatives, people through social media) BTC will thrive. If you are worried about the price don't invest much, buy 1 BTC, advise others to buy 1 BTC. And HOLD.
If you have a computer that is always on - run a Bitcoin Core client. Be a full node, we need this very much. If you don't feel confident don't invest your BTC, just buy your 1 BTC and keep it, that's it. You will be the part of the future. Thank you.

Lol, i did read "time to admit bitcoin is the future"

...it is all about perception, i guess  ;D

I say let them burn. All those that do not believe in BTC simply don't understand it and don't deserve to benefit from it. As Satoshi said:

mining farms won't back off just because the price is low. they might put their hardware to sleep for a short time, but as soon as there are signs of recovery they will run at full power again.

it has hit $1000 already and from my perspective, prices are going no-where but up, yes there was a little rough patch but that doesnt mean we should cut our losses and leave

Why do people make an account just to rip on a community who doesn't care for some trolls opinion?

I'm guessing the OP wouldn't have bothered if he didn't have a couple of funny pics to include in the post.

He probably giggles like a schoolgirl every time he opens the thread.

ad hominem  ;D

they are farming account to sell them later, so they actually care about bitcoin, or i would say, fiat money...

also thread like those bring more discussion, this will lead to more easy post from others account spam

It doesn't matter at all how efficient miners get, you already said it for yourself: The networks adjusts automatically. The network only cares to maintain an average block-time of 10 minutes. It doesn't care about Bitcoin's price, the electricity cost, or whatever. It's one of the beauties of its design, actually!