Bitcoin Forum

This is only the beginning.   



It is entirely up to us, not the Winkelvai, not these fake pump and dump investors.

The future of bitcoin relies solely on the community of bitcoin acting as a whole to treat BTC less like a stock and more like the cryptocurrency that it is.




Had to get it off my chest.

Amen!

+1

My next alt coin will not allow for transactions. Just a set amount of addresses that you can buy and sell at the exchange.

It is going to be awesome.

Truly don't know how to respond to that  ???

Agreed, victory belongs to those who can insist

The right people will still come into Bitcoins for the right reasons regardless if the price is $1000 or a $1. No need to worry.

Hilarious.   :D :D

Thank you.

I highly doubt bitcoin is going to disappear.

+10101011

Im buying all the way down. There is NOTHING fundamentally wrong with Bitcoin (or LTC for that matter)

There was irrational exuberance, now irrational panic. If you act rationally, you will help Bitcoin survive, grow, and thrive, and make some money also.

So, what exactly happened? I keep reading mixed messages...

Here is what I heard, but please tell me how much of it is true:
1. BitCoin was bugged, where the chain block no longer sync.
2. In May, there will be a new BitCoin Client that will merge the two chain.
3. BitCoin is bugged and cannot be fixed.

So, what's the real story?

The split blockchain was resolved very quickly by the developers and pool managers very quickly, IMO.  Resolved the same night if I recall correctly.

That fact MAY be separate from the massive sell-off.  This negative feedback loop may be a reverse of the positive feedback loop created not all that long ago.  Exactly why that started and the reversed is a whole different question to answer.

People tend to forget that you can make alot of money with bitcoins. BY DOING BUSINESS. Instead they just hold and hope for it to become mainstream so they can become rich and we're all back to government regulations and all that other shit.

A good positive thread - great idea! :)

I still want bitcoin to work, and getting the money people out is a great start, because as we know, bitcoin is a long way from being ready for public consumption.

I would guess that we need a few more infrastructure issues in place first before it bubbles up again

We need a simpler way to buy bitcoins from fiat, which is immune to DDoS (decentralized exchange)

We need to encourage people to buy and sell stuff by using bitcoins, and that can only happen with a value that doesn't jump up and down like a yoyo.

Silk Road showed one way to do this is with the ability to buy dodgy stuff online, and while its a great example, it isn't a winning idea!

What we need is a product or service which is internationally wanted, but difficult to currently pay for.

Maybe if Bitcoin became the currency of internet oddjobs or freelance work - how to pay for small technical jobs, we might be on to something.

That way, we would be looking at using exchanges to move people from Bitcoins into Fiat just as much as move fiat into Bitcoins - a much more balanced approach?

Feedback?
;)

But isn't France opening a BitCoin bank or something?
If this is true, I would assume the value of the coins would rise up pretty high and may actually become more stable after the dust settles.

http://www.forbes.com/fdc/welcome_mjx.shtml

http://www.thebitcointrader.com/2011/10/day-bitcoin-was-declared-dead.html

...hmm where have I seen reports of Bitcoin's flaming spiral of death into the ground before...

BTC has just hit the public eye properly.
It is far from dead because to die it needs something to kill it.
People selling their bitcoin for less than what they payed is not killing bitcoin it's just killing the sellers savings. Bitcoin was at $30. just over a month ago so technically we are still in positive from the previous month. New comers who are amateur investors will always sell at a scare, This much is normal.
If you want it to back at $260. over night you have high hope's because this is an investment you can get nowhere else, If you are willing to ride out the drops over a 6 to 12 month period you have a extremely high chance of making alot of money.
Bitcoin is hear to stay so no need to panic and call the end because the new users have sold.
We need to make these p2p exchanges and help local business set up bitcoin payment systems, this can be done by telling them they will have people come from across town to their business to use bitcoin. We could also have local business encouraged to expand their business and add a bitcoin exchange. This would bring in new customers and also profits from their exchange. Bitcoin business seem to get alot of free publicity so it's a good angle to work.        

And me, I am going to write an exchange where you can only buy.
I'll list your coin on it.

This!
Let's go back to that other blockchain were we were all millionaires!

+1

and yes now like everyone in the world knows bitcoin(news etc the past week)
to future and beyond!

I think its the people who bought at above $200 are spreading the rumor about dying bitcoin though they were the ones to pump it up that high.

well the guys with much bitcoins jsut want to make money now thats why the price drop nothing else

I BTCelieve

The part of BTC in my assets portfolio is record high now.
When they were panicking, i was buying.

So did anyone else find it odd that a day or two after the crash they were all over bitcoin news and even obscure youtube videos?
Figured it was just my paranoia bells acting up again.
Haven't read much up on those guys; they look feckin evil.

+1

I like this price.
What if we buy now, and sell later when the value of btc will rise?

+1, I ordered some BTC swag as well. Gotta represent, yo!

Then you make profit.......

lots off