Bitcoin Forum

We are dropping under $800 soon. A big crash is coming.
I'm very disappointed in this whole situation really. People being so deceived by the BU scam.

Sure you are, lol.

kwukduck= Legendary... Troll  :D

If you read my posts you will know i'm a big supporter of what bitcoin stands for. I'm just disappointed in the community and lack of development.

I honestly am a bit surprised by your 'mild' response to current dump. I can remember you opening threads where you went full nuts with your predictions.

In 99% of the cases you were so loud and totally bearish, that your predictions were always far off from reality (i.e the opposite happens). But in this case I get a tiny bit worried by your 'mild' statement, and thus we can expect the worst. :D

Well, lower price means more buyers.

You shouldn't ask, i have take a look :

Something we can agree on.

at least the crash brings low bitcoin prices for us and probably a new entry point for first time buyers, but its still worrying at the rate its dropping

The lower the price of bitcoin is going, the higher user of bitcoin panics, damn. It always happen and I think that lives up to the name of bitcoin, it's volatility. Just sit tight and relax guys, we just need to be calm to ride the wave.

If theres no hard fork that will occur bitcoin price will definitely go down and maybe even worst because of panic selling.
For me ,i dont feel that bitcoin goes down ,cause its still at high price even if it will go down at 700$.

Worst case scenario is if this goes way below $500. Trust is what fuels this economy and if it continually gets tainted with these issues it ain't gonna prosper.

It is probably the first topic ever where you might be partially on point.

This crash is caused by BU reckless decisions/bad code implementation/poor PR and this is not the end, price will go lower.

Not to mention latest revelation where BU squad want to destroy bitcoin's deflationary properties by - as I assume increase hard coin cap of BTC.

Are you serious? Everybody is not happy to see the price of bitcoin is drop a lot just in a short time. Just caused by some of the people are trying to disrupting the ecosystem of bitcoin itself.

$700 is really low for the bitcoin. No one is imagining about it. Looks like the terrible thing will be happening in the future.

I guess, hopefully the split chain is just a rumor.

I wonder why this clown is still here? He must be dead inside. I would shame me so much when I would have talked so much bullshit in all these years after I sold all my coins at $10.

Can you post some links about this? I have not heard of this, why would they want to do that?

You can find more info about that proposed changes and discussion here:

https://bitcointalk.org/index.php?topic=1841038.0 (https://bitcointalk.org/index.php?topic=1841038.0)

I obviously can't be sure what was behind current price drop.
But when I hear about these changes BU is trying to introduce, it made a perfect sense to me that it might be reason why price is crashing.
They want to increase number of coins because they feel like a block reward is the only economic reason to continue mining and keep bitcoin alive.

I don't really think $800 is a big crash. I could see it dipping that low but not much lower. I would start getting worried if the price dropped to $700.

Well mi amigo, I suggest let's treat this thing as paper loss... You ain't losing if you ain't selling. Hold tight hermanos!

Even i im so disappointed on what just happened to bitcoin this days ,dropping  in price is going very fast .If the developers and miners would not come together ,users of bitcoin will definitely  exit or suffer very badly.

If it goes below $500, I am going all in. I have enough faith in bitcoin to be confident about a recovery.
And when that does happen, I will be very rich.  :)

Well its really disappointing to others but we must not lose hope and don't fear for what will happen in the future but we must be strong enough to face this situation. This is now the time to trust bitcoin on how it really keep its mark on the road as this journey will be travelling to a better economy.

another useful idiot you are.

All the folks who are losing trust in bitcoin will come back with an enthusiasm once price stabilizes or goes beyond $1500. The problem lies in gullibility of people. While there could be real problems like backlogs of transactions(pending list of tx) and scaling, that I don't understand well. I don't think they can't be tackled without a hard fork. I may be wrong though.

The price is already gone under 1000$. This situation really cna make bitcoin holders to panic, but in the same time for many other who wanted to invest in bitcoin it's good opportunity to buy couple of bitcoins. So the fall has it's pluses and minuses. And for ordinary users who are interested in bitcoin just as in money it's the right advice that you gave - to be calm and ride the wave  :)

According to your experience level I don't think that you should Express your thinking about the bitcoin in this way .
Because I am in the bitcoin from 2 years and seen many pump dump fall and down but never thought that its price goes down forever because it is usual for the bitcoin to change in the price with high peaks .
So here just be positive with the price of the bitcoin and buy Some bitcoin to make better profit for the future .

Kwukduck is just an ultra-trolling-bear trying to make rookies believe all nonsense he drops here when the price goes down. Most people here became immune till the point that they don't believe anyting coming from him, but as you know, Bitcoin is growing on a daily basis, and thus there are newbies he is looking to reach and (attempt to) negatively influence.

In the past two years the price of bitcoin has risen from a real low of $240 to where it is now and yes we have seen some major swings during those time and those instances where mainly because of major news of a hack in exchanges but this time around things are different and the reason for the slip is due to the scaling issues ,but once it is settled the price will start its run.

Instead to think that bitcoin is a going to crash we should think that bitcoin Giving us the opportunity to buy some bitcoin .
Because from 4-5 months the price of the bitcoin was increases without going back that made the bitcoin hard to buy but currently the big crash gives the the chance to buy .
So here change you thinking to think about the bitcoin price in negetive way .
I already bought bitcoin of fraction ½ ( 0.5btc) . Hope the price will increase soon .

Exactly i hope the price falls even more but unfortunately i think that moment is over as the price was at 900$ yesterday and recently the price came bacl to 975$. The orginal post guy shouldn't worry the price is climbing back up

Well I too am really dissapointed by how other users believe that BU scam though. Even if it were to happen and hardfork happens, they should not be afraid since they will get both the same amounts on the two block chains if it happen so it is still a win win situation. Most probably though BU would not take over bitcoin.

So do you mean that there is nothing to worry about amigo? Since nobody can stop bitcoin they attack the buyers by spreading nasty rumors... And thats my worry.