Bitcoin Forum

It was exciting to ride the rockets to the moon in 2013. It was horrifying to crash to the bottom throughout 2014. It's been downright boring to flatline throughout 2015.

They assured me that odd years were the best for bitcoin. They said 2015 would see a rocket to the moon or two.  They ordered me to HODL even as the price continued to tumble. The promised that bitcoin price would never go below the previous ATH.

THEY ARE WRONG!!!

The bulltards, early adopters and whales, who said all of the above are liars and scammers.

Mark my words, there will never be another "TO DA MOON" action. We can't even break 250 this year, or the next year. Block reward halfing will not trigger a permanent price rise that everyone here seems to expect. Au contraire. Price will probably go up a few months prior to July 2016, but it will crash right back down. Look at LTC and what happened recently there.

Mass adoption en masse won't happen. It will happen slowly, but not AT ONCE, like many people here expect. This is it, folks. This is AS GOOD AS BTC GETS. Enjoy it while you can. It will end. We will sink to even lower depths.

WTF? Have you no patience?

If you want to quadruple your money quickly in a high risk investment, try a casino.

Trololololo....


Price is just a bonus the tech is what's to be excited for. Once more is developed the price will rise.

wait ... wait again.
wait a little more.




wait ...





ah, you see ?



IT'S THE HALVING !
bitcoin stay at low before 2016-06 ... take the tickets BEFORE.

the rocket is just getting fueled up, just wait a bit more. itll take off soon enough

If they gave me a penny each time someone said "the rocket is just getting fueled up", I'd be a rich man now.

Based on the last time btc halved (November 2012) and the recent LTC halving last month, I REALLY don't think it will rocket to the moon and STAY there. Yes, there will be an upward movement a couple months before July'2016's halving event. But, it will crash back down to 240 or lower. There seems to be many, many naive people on this forum, based on the kind of responses I'm seeing here.

Must be an early adopter. Can't win with the price argument, so let's just roll out the idealistic aspect of btc. How nice of you. Now, go away and don't come back, your gig is up, we know what you're up to, you just want us to be your bag-holder. No, siree, we won't stand for it anymore.

Ha ha ha. Now the truth comes out. Btc is a "high risk investment." Try a casino. So, basically, if you buy into bitcoins, you are gambling. I like the analogy. It's fitting. Btc is a high risk "investment" with no upside. Thank you for your honest insight.

Repeat after me, people. Btc is basically gambling with your money. Don't do it, people. Do Not Send Your Hard Earned Money To BTC. Unless you like gambling and most likely losing your "investment".

You read it wrong.

He meant, every investment needs patience. If you want instant profits, "try a casino."


If you believe in the fundamentals of Bitcoin, buy and hold, otherwise don't.  8)

OP's username says it all: farting shot....

$250 is nothing. we'll easily get above that price level this year. i only think we won't see it go over $300 this year. the halving next year will do its work.

Tsk, tsk, tsk. If you can't win the argument, attack the person. Ad hominem.

No, not every investment requires patience. Some stocks have gone up double, triple or quadruple almost overnight. Only a fool would try his luck with gambling and expect instant profit. Most of us know that gambling leads to instant ruination.

Buy and hold? Oh please, not again. We are getting sick and tired of holding your bag.

The fundamentals of bitcoin are deeply flawed and weak. Have you not heard of the hard-forking? Have you not seen the price continue to fall as time goes on? Have you not noticed the greedy scammers and manipulators? If you still believe in the fundamentals of btc, I have a castle to sell you.

No, I don't believe in the fundamentals, so I won't buy btc anymore. And you shouldn't either.

As I said earlier, the above is the prevailing sentiment, especially the bit about "the halving next year will do" the trick. Because everyone's expecting it, I bet it won't happen. One thing I learned over the years, bitcoin never does anything you expect it to do.

Sorry no, I purchased my first BTC (partial) in November of 2013. Then buy on the Zetacoin train. Made a few BTC my first week in here and I didn't know what I was doing. Since then I have won and lost. But I no longer care about the price. Don't get me wrong it's nice to see it way up but I don't cry about it.

If it never does something you expect it to do, than this means it has to rocket to the moon since you are not expecting it? :P

Seriously, who cares if the price rises or falls ? The trading volume is the most important thing. Only the traders  and speculators want the price to rise so they can their bitcoin and move on.

Moon hasn't begun yet.

http://www.coinbuzz.com/wp-content/uploads/2015/03/projected.png

Demand will only go up over time as the technology gets more perfected and widely accepted, and supply will severely shrink in the next decade. Come back in 10 years and we'll be in Jupiter laughing at the morons that didn't saw it coming. Right now im too busy hustling cheap BTC. Enjoy the ride or cry later.

It's either zero or hero, take your bet either way.

The idea BTC will stay at $150-$300 is utterly laughable.

I'm going to enjoy pulling this thread up again in a few years  ;D.

You actually might not enjoy Mr Falling pulling this up in a few years...

Odds are BTC will start to rise when a large ecom starts to fall...

America nor China will allow BTC to become the run to haven when they start to fall.  They might try to kill it or pull a gold standard move and claim the owning of bitcoins Illegal and you have to turn ALL of them over to the pigs.

The last big use of "rocket to the moon" images involved Paycoin, late last year. Remember Paycoin, and their "$20 floor"? Current Paycoin price: $0.011397. 

But not all the way to zero. Paycoin still has about one transaction a minute. Somewhere, somebody probably left some bots running, and there's still at least one node maintaining the Paycoin blockchain.

Will the last one to leave please turn off the blockchain?

I agree, overtime if Bitcoin get the success it deserves, 300$ is too low. 10 000$ seems a good mid-term (5 years) goal.
It could also go to zero if the governments try to shut it down for good or if we don't solve the block size problem.

I think the blocksize problem is a smaller issue than people are making it.

Bitcoin as a store of value means if it costs $10 to send BTC no one will care.
Side chains imo.

And how in hell are going to force you to turn all of your Bitcoin to them? How are they going to kill all nodes when anyone (thanks to the blocksize not being big) can run a node on a moderately powerful computer?
It's a pipedream for the goverment to try to stop Bitcoin. As long as you Bitcoin isn't tied to your credentials then those Bitcoins don't exist for them so they can't demand anything from you.

With a lead pipe or a knife and slowly peeling your skin off..
You underestimate what the pigs in power will do to other humans.

That node reason is EXACTLY why I am very nervious about and large blocksize increases.

hey stop questioning btc or you will get banned!!!!

I dont even understand why should Bitcoin want to go to the Moon. There is nothing there, not even air to breath.  ;D

Bitcoin should stay here on earth, for us normal air breathing people to use it!

Maybe one thing we could say is that too many people watched Wall Street with Charlie Sheen here.

Of course everybody got crazy before November 2013: it was unbelievable seeing this thing going to the top.

I like the technology behind BTC, the price will come eventually.

If you are done with it, sell me some of your BTC

Selling off right now might not be a good idea. As i also bought a lot of the coins and watching the price going down after that, just have to accept the fact that this is part of risk of investment that we take. Meanwhile doing some posting and trading to cover back the amount.

I'm sorry if you listened to the whales when they said the price would rise but you should have done your homework, the whales are the biggest one that short and manipulate the market, most of em actually have more of an interests invested in the btc price going down.

I'm sorry to pop youre reality bubble, the pigs wont bann Bitcoin; to much money involved in this greater tech with lots of benifits. If they want to bann it they had done it few years ago.

Regulation and control seems more fitted for them.

Put youre head straight and stop beeing depressed about the current price thats all.

Exactly. Typical things bear go to to spread FUD (government banning BTC). Smh. Dumbasses.

The rocket is not going anywhere since it is firmly chained to the ground by the 1 MB blocksize limit. It could blow up however.

don't think that's why bitcoin isn't moving currently. we've seen such a "stable" period before and it took months to move forward. don't think this time is much different. people aren't that shocked by bitcoin xt anymore.

if you are talking about btc price i suggest no rokets and if its a new alt coin a suggest to pu the word roket to the moon like moon coin and doge its was soo entusiastic those alt coins now moon deprecated

I'd be glad to come back to this thread after the halving. :) It's either zero or big, and I choose to take the risk.

i bet there is going to be same stuff going on by that time too.
nothing is ever going to change. it was the same when price was $2 and these guys were talking about "bitcoin can never rise, back to $1" and others saying "to da moon"

What if farting's right? We haven't seen any dramatic rise since late 2013. I know the past is not the best indication of the future but what if this current "flatline" trend continues, with mini risings and mini crashes??

Bitcoin needs not of rocket to go to the moon and this time it will have one way ticket to the moon.Just need to wait few months and then those are in denial now will regret to not grab at these cheap price.

i believe that the price will start booming soon lets hope it will reach new hights

I hope your right. I wanna see the rocket to the moon. To The Moon! tm

All these people who don't believe cryptos (mainly bitcoin) in general can't "go to da moon" don't seem to believe in bitcoin's core values.  It's not to gain hype by increasing the value of it and then cash out to never use or buy them again... it's to actually be able to use them as an actual, legit, and stable currency that will last the test of time...

But when you have such volatile prices right now in the btc market, there will always be those that treat bitcoin strictly as a commodity and nothing else.

Patience young grasshoppers.

I am not sure about few months, but over the long term, I definitely am a Bitcoin bull.

the price is resisting for a very long time now. it has been many months that we are seeing a price range of ~$220-230 and except some quick ups and downs the price was stable. it can be a launch pad for the rocket to da moon.

Well is why the word "patience" is created. Lets wait and see and be hopeful.

Actually there is still, just wait and see it is beyond what you all been expecting.

All we need to hold and keep patience and there will be time in future when we will be even on Pluto too.Believers will always believe and denier will always deny.Price will raise surely when this is not sure it depends on time.

 :'(

https://i.imgur.com/hJsVos5.jpg

10 to 20% price swing should considered moon jump.

If that's your views on it then others might have the same view. But if you keep believing in it, then it just might go Up to the moon. New People are learning about it everyday

it's not 2009 to climb up quick b'coz bitcoin industry is growing a lot in past 2 years and still many companies involving development.

you need lot of patience and idea about the technology. take a deep sleep and comeback after 2 years to see bitcoin & it's business networks.

BitCoin is a crazy, crazy ride and there's money to be made even now. Maybe holding isn't going to turn in profit on the short term but nobody knows how's it going to turn in the future.

For short term profit, an experienced trader can take advantage of bitcoin's ups and downs and make money on a day to day basis. Volatility can be taken advantage of with a little risk tolerance and educated guesses. Big part of bitcoin's market is traders doing or trying to do exactly this.

No more rocket fuel to the moon or not, still there is a lot of money to be made just by staying in bitcoins. Also, it is not surprising that we are not actually going up price-wise. Big investors and companies only put their money in the block chain technology, and not the cryptocurrency itself. If that happens, then we might even see even a glimpse of the moon that all of us wanted to see.

people here still think we'll see huge peaks like in 2012, 2013, 2014, but these peaks won't come back as traders don't react to news anymore. can't think of anything realistic that will make the price jump considerably right now. we need to have patience.

Don't you know, the Bitcoin bubble already burst at $10, we'll never see prices that high again. --> https://bitcointalk.org/index.php?topic=33429.0 (https://bitcointalk.org/index.php?topic=33429.0)

Forget your coins until retirement will be a good strategy.

For you guys on the bear/bull fence here is a thread with better discussion...
 

Bullish news thread
https://bitcointalk.org/index.php?topic=1166428.0 (https://bitcointalk.org/index.php?topic=1166428.0)

Yes if any thing go up very high without any solid reason it will surly come back with much higher speed so always slow and study is the correct way to go up. Any way now prices will go up based on how many businesses will start accepting it as a currency and it creates some demand for coins but this process takes some time to happen.

Not a bear myself, and I'm also trying to be optimistic but with the stagnation in the markets and no more new people trying to build business around here, we probably can't see another $1k range sooner unless a new Willy bot is created and help us to get there. Also, I'm not the kind of person that checks out bitcoin prices several times a day. I don't care much about the price, really. I'm here because I want to learn deeper into several aspects of economics, technology and cryptography. Earning because if bitcoins is just a bonus. :)

If your in it for the sake of economics, technology, and cryptography; I would suggest you merge a percentage of your coins to a couple of alts that offer "newer" technology.  Examples would be Monero, Litecoin, and Etherum... These coins, imo, have the most potential to create a new type of market and offer users more options on how they go about buying things online.  Plus, because they are at a very cheap price, it won't hurt you as much if the coin itself goes flatline and becomes worthless.

agree we will not seeing price up again, it's time to sell your coins not before price low than now ;)

Care to share more of your opinions?  I think that while bitcoin may not see the $1K price point ever again, I think that it will still remain a good investment in terms of using as a future currency.  Plus I think that bitcoin will share it purchasing power with another altcoin that offers better security capabilities than bitcoin, and I think there will be another alt coin that will offer faster transactions than bitcoin.  I think that bitcoin will be the basis of what we will base the value of the other alternative coins, just like how we value the bitcoins that are circulating today in fiat terms.

 :'(

https://i.imgur.com/odkRzKJ.jpg

There are a lot of people who sold their coins at $20.
Hope you don't face the same regret.  :)

If I remember correctly bitcoin price in 2012 was no higher than $15. Bitcoin was widely unknown and bitcoin trading and speculation wasn't developed.
This time it is quite different as we have millions of dollar pumped into bitcoin projects and startups, price will change.

I share your concerns about regret! A lot of the advice on Bitcointalk these days seems quite unsophisticated. I guess here the poster could believe that Bitcoin is a failed experiment, then it would make sense to get out completely. But I suspect most of us believe that that's not the case!

I avoid selling BTC as far as possible (I'd sell if I needed fiat, to pay bills for example). When I think price is going down I buy puts (options where you profit if the BTC price goes down) instead, to profit from the decline in price. That way if the price actually goes up I still have all my BTC, and I've only spent a little on the puts.

Too many posts on Bitcointalk these days seem to be polarised - sell everything! Go all in! Bullish or bearish, both types of post seem more about influencing other people so as to profit at their expense, rather than an honest attempt to discuss probabilities.

You're bag holding kid.  And those "bulltards, early adopters and whales" took you for an ass and sold their stash to you, and the dumb lot like you.  The cryptocurrency market is trading at its finest.  No regulators, no rules, no authority.  And in order for some traders to gain, some has to lose.  And you lost.

It's not Bitcoin that you lost your money to, it's the other people trading against you.  It's a zero sum game.

Sorry.

It's always the same game. In times of depression all the trolls, doom predictors and traders who wants to see the price go down are spamming several threads in each section how shitty Bitcoin is and that good times are over and that the rest of us who stays here is a bunch of stupid believers and bagholders. I don't give a f*** to tall that crap.I have time!And if this ship should go down I don't mind because I'm invested with money what I can afford to lose.

EDIT: just have a look at one post above mine than you see what I mean. :D

^ Buy and hold kid.  We'll see each other on the same side when Willybot comes back.  Who knows.. It could be anytime now.  Hang in there buddy boy. ;)

Oh..  And the people who say "And if this ship should go down I don't mind because I'm invested with money what I can afford to lose" are losers at trading.  Which is a good thing because it makes the trading game profitable.

Good luck buddy.