Bitcoin Forum

The last bubble was bitcoin's last hope for establishing itself, now that it's crashed in the middle of the media spotlight, no one will have confidence in it anymore. Have fun holding the last tulip when it all comes crashing down. Serves the gullible idiots right for buying into a ponzi scheme posing as a fake currency.

Is this the fourth or the fifth time it is finished ?

You are aware there was a lot of media attention during the April bubble right? Somehow faith was restored ^^

The same applies as for the 2011 and the 2012 high: Only time can tell the future of Bitcoin.

:D

Bye weak hand. You won't miss us.

Sniff, someone has a dirty diaper.

He'll be waiting on our table at an expensive restaurant - we'll give him a tip in bitcoin as we leave to get back onto our yachts for another exciting day of sport fishing and scuba diving in the sun.

One day we'll be lighting our cigars with $100 bills (because they are worthless)

Greed, delusion, combined with an ignorance for both technology and economics gets you the typical bitcoin user.

Oh, you mean the US dollar has gained value over the last 100 years.

Are you talking about banks?

A little bit of inflation isn't going to wipe out your savings anytime soon.

It's impossible for the USD to collapse anytime soon. Too many countries have large reserves in it to let it fail.
And as Alan Greenspan put it: “The United States can pay any debt it has, because we can always print money to do that. So there is zero probability of default,”

Don't forget to hand over your Bitcoins on the way out.  ;D


...and you call us gullible.  ::)

LOL are you talking about China? maybe Russia? Venezuela?

Concur!

Dump some here: 13r142GFnx2Nowck4RkPhTWeHVNtrwghah

I would never be caught dead holding bitcoins.

then why are you in BITCOIN FORUM?

if you think bitcoin is a ponzi scheme...

what are you doing here?

http://www.politicsforum.org/images/flame_warriors/flame_67.php  ;D

...While jealousy and passive aggression characterize his antagonists.

Educating people and keep them from getting scammed.

and yet here you are on a btc forum, its not like there is even a GOV Fiat forum, where the masses consider FIAT

The US dollar is dead because of the 2008 crash. The FDIC closed 460 failed banks from 2008 to 2012. Washington Mutual was the largest bank failure in US history. The unemployment rate hit 10%. Millions of people lost their jobs. Millions of people lost their homes and were forced to live with family and friends. Commodity prices and international trade plummeted. The world reliance on the US dollar created a global recession. I'm never trusting the dollar again, it's over for me! I wish I had invested in Bitcoin when it started in 2009 instead of that stupid dollar. I'd be rich today!

Sad part is he's probably right  >:(

this is all a bit 266-esque

Getting scammed by who exactly? What do you know about bitcoin that we don't?  ::)

Why is the Bitcoin price germane to adoption rates by business and consumers?

With the btc interfaces that are available through companies such as Coinbase, Bitpay and others merchants are able to accept bitcoin at costs lower than credit cards and incur no charge back risk and no price risk because they are immediately able to convert to their local fiat currency.

Bitcoin is primarily a payment methodology NOT a commodity. Over time price will settle in at an equilibrium... could be $100, $1,000 or $10,000.

In the big picture, it doesn't matter because bitcoin is a payments methodology.

SQ

Anonymint, is that you?  ;D

And bitcoin isn't fiat? It's basically monopoly money backed by no authority whatsoever and only gets it's value from speculation.

People on this forum , especially early bitcoins adopters are the last persons in the world that need education.
And even if , your type of education might be good for lemmings at best.

By the exchanges who take in real money and give out monopoly money in return. And guess what, you can't cash out. It's all just a big scam. I've had a friend who tried to cash out from coinbase and got an email saying his money won't be processed for 24 months.

Guess why they picked 24 months, statute of limitations.  ;)

You obviously don't have any clue about how an exchange work

Washington Mutual didn't fail.  It never made the kinds of loans that doomed other banks.  The feds came in and stole a $330 billion bank and handed its assets to JP Morgan Chase, which is owned by the Rockefeller's and Morgan's.  The International Banking Cartels own the mainstream media and the Federal Reserve Bank.

Or that most people have cashed out before. It may take a little time but it happens. Never 24 months though.

If this is true... THIS is what the hell you need to be posting! This is useful information to us!

How much was the withdrawal request? Let's see a copy of the email.

Bitcoin will go up in long-term. It has too many advantages over traditional payment systems. it's not gonna replace the US dollar anytime soon (or ever) and there will always be a niche for such a currency.
It's just that there are too many speculators right now, who just buy Bitcoin hoping to sell them for profit and keep causing these bubbles and crashes.

You don't happen to live under a bridge do you?

Bitcoin isn't only about coinbase. There are other exchanges. And nothing is 100% safe. Just look at Cyprus.

The early adopters have everything to gain and nothing to lose by perpetuating the ponzi scheme. Most of the shills you see advocating bitcoin on the internet are of this type. Desperately trying to keep people from realizing the nature of bitcoin, while luring gullible people to buy into bitcoins so these early adopters can fatten their own eallets.

But if you can't cash out how do our wallets get fat?

Greed, ignorance, and delusions of getting rich is what fuels these people.

oman this was a great link.

hey look its crumbs http://www.politicsforum.org/images/flame_warriors/flame_59.php

and here is dank http://www.politicsforum.org/images/flame_warriors/flame_70.php

and FirstAscent http://www.politicsforum.org/images/flame_warriors/flame_77.php

i might make a thread about this

Come back to this thread after one year and regret yourself. We will be mining bitcoin, we will be shopping with bitcoin and we will be promoting bitcoin. Long live bitcoin!

Please, enlighten us!

The Good thing about Bitcoin is that it doesn't give you advice, People do so ask yourself this what do you trust more ?

Ok, I have to admit this is funny.

step 1) put on paper wallet
step 2) just kidding there's no step 2

Same here, feel free to send me some of your Bitcoins (should you have any) so you can stop being part of the "bubble".

simmilar correction than when we went to 10, 100, If history repeats, it will stabilize between 1000-1200 for few month, then the ride to 10k !

Do it!  I wanna see what everyone gets ;D

Another alarmist thread, this price correction is excellent as it weeds out all those that really have no clue about Bitcoin besides its short term dollar value - as in it's 3 weeks and I demand a 10 fold profit.

I bought Bitcoin at a $16.00 only to see it drop to $2.00 - maybe a stronger constitution is required


Re china-

There isn't any problem with Bitcoin in china, it's in the process of being regulated as a virtual commodity rather than a currency which is a good thing, baidu and china telecom have temporerily suspended Bitcoin acceptance while digesting this new regulation.

The west and media in general have been practically throffing at the mouth about a bubble pop,folks here selling who have no idea what in the world their doing, Bitcoin is truly shaping up to be the people currency pity at this point people are still in love with the devaluing dollar.

Bitcoin - a few weeks of recovery then new highs.

How many times does calling a bubble and being wrong before accepting defeat?

Bubble at $32, $266, $1200....lol

Watch the same call be made at $5000

i started it. ill keep adding as i think of people. https://bitcointalk.org/index.php?topic=361706

Bitcoin will not die just yet, before it happens there is a long journey in front of us.

Bitcoin WILL die. The sun will destroy Earth in just a few billion years, so it is inevitable!

Of course. It's just that Bitcoin is very volatile.

ask cyprus what can happen to your bank account.

And about the U.S. not collapsing anytime soon, what do you think what will happen when the U.S. dollar no longer has "petro-dollar" status?

On first read I thought you were taking the piss out of Greenspan or being ironic, and then I realized you weren't.

Go and learn some economics. It will teach you why saying "we can just print money to pay any debt" is (a) the most irresponsible thing a country can think / do economically and (b) exactly how the US currently operates, and (c) why the US is now China's bitch, because most of the massive US debt is owed to the Chinese.

nice to know you are using the tulip analogy, something used by an old dutch banker, who talks down on bitcoin to protect their fiat scheme, which is based on thin air.
Another one of these idiots is alan greenspan, the strawman of decades of banking scams which have helped the economy completely in the shitter with record debts. The real value of fiat money is less than toilet paper, because toilet paper is at least usable as such. Not that I have tried wiping with paper money, but i doubt it does that better since it are relatively smooth paper surfaces. ;)

Yep, this time it's gone too high..

Next time it needs to bubble over $1500. Very unlikely to happen due to various psychological issues. e.g. Gold price and other comparables.

i think its hard to say, like the BTC is very unpredictable at the moment, lets wait and see!

Noob 101 :)

Alan Greenspan, the guy who didn't see the housing bubble, the guy who saw fit to lower interest rates to such a low that saving doesn't make sense, the guy who thought endless printing of the dollar would bode well for future generations… and the guy who just goes along with all the military spending… he can't come up with any reason why a decentralized, electronic currency might have some value.

I guess Alan can load up a million dollars worth of cash or gold and travel around the world with it. I'm sure Alan could send $10 million to China and incur no fees. He's a real genius. Maybe that old kook should just shut up when he isn't sure about something.

He saw the Bubble clearly this time.

It's like Donald Trump. You fail many times, but one time you will be correct and make millions.

I wonder if Greenspan was shorting bitcoins. Smart guy.

It's just the collective people decide to speculate and game the central bank. The central banks aren't delusional, they are fixing one problem, the immediate problem, but cause another problem to be fixed later. That's better than having the old problem stay there forever. Greenspan is a hero.

Modern example: Without QE, the United States would undoubtedly be in a worse state.

... buying opportunity :)

Back above 1200 by March-April. Some bigger money is getting itself well-positioned, it is how each phase has played out as the total capitalisation value allows bigger players to enter ... as the previous (smaller) fish are trying to exit ...

Good luck, I'd rather wait until it actually starts rising.

If it doesn't rise, then you could be waiting years. Don't forget the opportunity cost of money.

hey OP, do you think that i could possibly reserve a spot in one of your run-for-the-hills bunkers?

lol, thanks

I'm just wondering why you are here and posting sh** =))

Then go away and let us do the job without baby boys.

Censorship, Aren't you a liberal invested in bitcon too?

Everyone needs to debate the merits of bitcoin.

I have to admit I have lost some money but that's fine with me. I knew the ponzi game. But for those who weren't informed. They should be able to discuss what happened.

Practice what you preach.

Let's talk about reality here. The crash can only hurt people in two possible scenarios --

1) You panic sold right at the bottom or close to it and can't rebuy your original BTC holdings, in which case you were whale food.

2) You literally JUST bought Bitcoins for the very first time a few days ago and are pissed at their current dollar value.

The solution to this entire problem is not to scream "ponzi scheme" and embarrass yourself like a complete moron.

The following helpful tips will prevent anyone from having to rush onto the internet to create a thread about complete crybaby bullshit --

- Don't buy Bitcoins with money that you absolutely need anytime soon, because if you do you're a moron
- Don't sell all your Bitcoins in panic just because the price goes down, because if you do you're moron
- If you don't know anything whatsoever about technical trading, just stick your Bitcoins in an offline wallet and come back in a few years, because caring about the dollar price on a day-to-day basis, again, makes you a moron.

worth pointing out that the last "bubble" when it hit around $200+ it had a huge amount of media attention as well and then crashed as well.

when the market is still so small it's pretty hard if not impossible to look at huge price swings like this and come to a conclusion about the longevity of bitcoin.

if you want a better idea of how bitcoin will do long term then right now it's better to focus on how bitocoin is expanding for businesses and consumers to use. in the front bitcoin is still growing very fast regardless of the price.  so that's a pretty good sign that bitcoin is here to stay and someday in the future there will be less volatility

then why even create an account on here and post.... just looking for people to troll ? surely there's better things to do, no ?

Although bitcoin is far from finished it was a big hit and everyone that doesn't see that is just a fool.
It was a hit because it remind it to everyone how volatile bitcoin still is and negative press will focus on that from now on.

havent even read the rest of this thread. 

but if this is the general noob sentiment of someone with activity 25 then...

i'm getting ready to buy back in!  woo

I've been here longer than you. I don't have bitcoins but I post here with hopes of turning young, gullible minds away from falling for the scam that is bitcoin.

Then why the fuck are you on this forum, pray tell?

Lol.   "Go away" does not equal censorship.

You've got a way of blowing things out of proportion I think.

I don't think that we should take so lightly the fact that many people will get scared from bitcoin's volatility. And indeed this time is different because of the increased media attention.

yes, soon we will see waves of bad media attention about volatility scaring away new investors.  a few months of uncertainty will follow.  the price will then achieve a placid stability for several days, weeks, or months...until

THE NEXT ROCKET to $10000

Make NO mistake about it. I will soon be paying your mom bitcoin for blowjobs, and that is a fact

They have been saying that since 2008.

It really is a superb example of untestable propaganda.  You have been played.

Again, I'm forced to ask: Regardless of whether or not it would be possible or practical, should we put together an altcoin that is resistant to this volatility?  The only things worse than having one one printing press cranking out fiat paper and binary numbers without mercy is 77 printing presses doing so.

The fact that it's impossible makes this question basically irrelevant.

How on earth would you even create an altcoin that is "resistant" to USD price volatility?

The only altcoin that would resist volatility would be an altcoin that can't change hands!

I need help too!  Oh wait, I am older than dirt.  Carry on then...

OP gave me a good belly laugh though - thanks for that.

Make supply match demand.  Once buyers on an exchange became confident that reward coins for mining would not be issued until demand for the currency caught up (rather than running the printing presses endlessly, as with so many bitcoin clones), there's no more a rush for the door.  As important, there are funds out there that would be invested if they felt that there was much less risk to short- medium- or long-term loss.  Although holders of such an altcoin would only see a 0-1% increase each month, short term speculators would tend to stay away, in favor of those who put more value in for the long haul.

Like any central bank in the real world, what's needed is the certainty that the currency will not be arbitrarily devalued by endless overproduction of paper/coins.

I assume by your statement:


You want a stable price relative to one of the many fiat currencies.

For example you tie your new alt to the USD and declare that one of your new FiatCoins = one USD.  Then as price moves up over 1 dollar you create more until the price comes back down to 1 dollar, if it goes below 1 dollar you stop making them until the price goes back up to 1 dollar.

Good luck with your new FiatCoin - you are going to need it.

I've got some nebulous ideas that you would need a kind of internal prediction market where people bet their existing coins either for inflation or deflation and the block-chain either grows or shrinks the money supply in the opposing direction.  The trick is that the bets need to be self-fulfilling while also being denominated only in the coin itself which I don't know how to resolve.  If your interested in trying to develop this idea PM me.

Someone say something that rebukes this. So far all I've seen are just people saying 'yeah it will rise again'

The same people that said 'no it won't crash below $1000 again'

Feeling pretty hopeless about BTC right now...

http://fc09.deviantart.net/images3/i/2004/09/4/9/No_hope_for_Koge_pan_.jpg

*facepalm*

"The USD is just too bloated, big, fat, unhealthy and out of shape to have a heart attack"

If the method of growing or shrinking the money supply involves adjusting the balance of all inputs proportionally, then nothing is actually solved because the exact same fiat market cap will just be spread over a different number of units that are proportionally in the same hands. That would in essence be exactly like arbitrarily talking about mBTC.

If the mechanism is variable mining block size, the remedy to volatility simply isn't fast enough to counteract the kind of volatility we see in cryptos in practice.

Also there would need to be some mechanism that incentivizes actually using the internal prediction market instead of simply trading for fiat outside of the blockchain.

I think designing around eliminating price volatility misses the boat with cryptos entirely, because pegging against fiat is not necessarily desirable. The endgame on cryptos is not to be pegged to fiat or anything else, it's the utility of the payment network displacing existing inefficient markets, and the fiat valuation is just a secondary consequence of that phenomenon.

Idiot.

Opportunity cost of holding money has been all fiat negative since bitcoin was created .... how does that compute?

Ask Fuserleer.

This is nothing. Bitcoin was never intended to be traded by Chinese banks anyway. Who cares.

Pick up some cheap bitcoin while you can folks. It'll be 1200+ again within a few weeks.

The fundamentals of bitcoin have not changed. What it can do (allow anyone in the world to safely, securely, with minimal cost and almost instantaneously transfer funds to anyone else) have not changed.

In fact, things are many times better than they were 6 months ago. Many new bitcoin based businesses are coming online to help with it all. There are tons more places to spend your coin. Governments have issued official policies so they gray area is becoming clearer. The basic technology is sound and the community support has shown that even issues that arise can be overcome (such as the db issue in the spring or Android wallet security in the summer). The demise of silk road showed that the bitcoin is not dependant on drugs or any such nonesense).

Bitcoin has a price driven by supply and demand, as does any unregulated market. There will be price swings, but if your opinion of Bitcoin is solely driven by price then you really are missing the bigger picture.

Personally I am looking forward to more places to use it, so I can reduce my dependence on banks and credit cards and all the dangers and costs of those things. Sure the price increase is nice for any coins in my wallet, but that's not the exciting part.

If you haven't already, I suggest you buy something with bitcoin. It is an incredibly liberating experience and until you do so you won't have a real appreciation of its power.  The OP stated he hasn't used bitcoin, so it's clear why he can't really understand it...

EXACTLY RIGHT !!!! ???

FUD alert.

This is by far the best post in this thread.  Thanks.  All of the stuff mentioned is in the works.  Once it all gets here Bitcoin can really take off.

And, thanks to Obamacare, a nurse is on standby.

https://encrypted-tbn2.gstatic.com/images?q=tbn:ANd9GcQcEdmkvN1E0b6wWaBzceHcz03t6CTJipu2wdcIfCv2oeimEniZIg

Bruno, you can't use a reference to One Flew Over The Cuckoo's Nest here. These people are all children compared to us. They won't know what you're talking about using a movie reference from 1975. That movie is twice the age of the average forum member!

Nurse Rached is hawt.

Thanks for saving the thread.

People that sold low are going to regret it a few months down the road. This is a good time for any 'Bitcoin Newbie' to get in while prices are below $800!!

See you

http://overthemoonentertainment.com/_borders/over_the_moon_cow.jpg

 ;D

I think there are plans to create a Federal (FED)crypto 1.25 trillion will initially be issued followed by 85billion mined per month - I can't see it catching on.

Wrong you clearly don't understand that any currency or commodity has time value.  There are real interest rates. So,  effectively you assume everyone just puts money in a mattress...........

Strawman Arguments..... You win.  Lol

The Fed is a privately owned bank, owned by a handful of powerful Wall Street cartels that also own the media and almost everything else.  

Bitcoin is still riding high because the Chinese are still buying them up more rapidly than they can be produced.

The whole "bitcoin is money" thing needs time to solidify in peoples minds.  This could potentially take decades or centuries to achieve the same kind of trust that something like gold has.  We are so early in Bitcoin's history, that it's easy to flip your mind from "bitcoin is money" to "bitcoin is worthless".  The truth is that no one knows if bitcoin really will prove to be money over the long term.

When the price grows 10x in 1 month, suddenly we're supposed to have 10x the confidence in it, which is really hard to do for such a new and complicated technology.  Doubts will emerge in peoples minds and they will sell, creating the boom/bust cycles we see.

The more years bitcoin spends with a high valuation, the less of a "house of cards" it will feel like, and the more confidence people will put in it.  If it can last 30 years, I think people will really start to value it highly.

The future is uncertain, but it is far from over.

True.  For gold, silver, platinum, copper, nickel, palladium, and others, when there's a blackout or the Internet gets shut down, they still offer purchasing power.

Of course, when things really get hairy, nothing beats a small family farm.

This is such early days still, it's like starting a thread saying your sons failed his university degree.... when he's still 4 months old.

The number of transactions , currently 7tps can be easily improved raising the block limits. Although it is not necessary now.
The fee it's not static , and there isn't a minimum transaction fee. There is a 27Kb space for free transactions in each block. Also the minimum fee can be easily changed.

I wanted to see her dead at the end of that movie...


But anyway, stop spreading FUD and spamming the forum with prophesies like "Bitcoin is going to die", "Bitcoin is crashing". Nobody wants to read such things, and they are never true anyway (haven't been so far). F*ck of OP and everyone else who spreads lies using new accounts. (rage of the day)

might wanna google what a ponzi scheme is. doesnt really fit the description of bitcoin. we all know its very volatile. of course something that gained value 10 fold in the space of a month is going to come back down and even out at a lower price...

tool :/

RENAME THE THREAD:

 It's over.  lm2f's dumbness is finished.

I didnt even make it past this post (Page 2).  But im pretty sure you got your ass handed to you on a platter after this comment.

Why are all bitcoin detractors totally wrong in their facts ... 100% of the time?

I cashed out $60,000 through coinbase three weeks ago.   

And that was on a Litecoin investment that quadrupled, (which I then sold for Bitcoin and cashed out).

Be happy to provide proof.

I highly doubt bitcoin is "finished".

Please go away and watch this - http://youtu.be/qHUPPYzzZrI

Agreed, we could use some time to build out the infrastructure.  We are indeed not ready for mass adoption yet.

Oh, and OP, did you manage to keep any of your friends/internet buddies from buying bitcoin in 2011?  How grateful are they to you right now?  
But that doesn't matter right, because bitcoin is going to crash to zero soon enough... any minute now.... 3... 2.... 1,5... 1,4....

Sounds like someone bought at 1200 and sold at 550!

So if BTC was finished, I officially declare this to be a "zombie market".

back at $900, it's soo finished guys. just sell off the remainder of your coins and call it a game. nazis have travelled from the 1940's to take bitcoin over.. run for the hills, or if you were smart enough, your bunkers in the hills!

OP was online today.  Wonder why he isn't babysitting his awesome thread anymore?

Once agian more people who are just too sour that they didn't get in early. Please stop spreading FUD when you clearly have no understanding of what your talking about.

What is early? Nobody felt like an early adopter at the time he got in.

Obviously... The guy who said that joined back in 2010, early. He was referring to the OP who on contrast did not join early.

I agree with Light - some ppl are just sour. But there is no reason to be sour. Its still easy to be a Bitcoinaire. Everyone who joined this year is still an early adopter. In 2020 you may need to sell your house in downtown Zürich to get a full Bitcoin.

He's just pushing the troll thread to rolling...mission done. :)

$250 was a psychological hurdle, it peaked and then loads of people panicked and sold, it faltered for a while then got over it, same thing is happening for $1000, once we get past this hurdle the next will probably be around $4000 or $5000.

Or then price of one bitcoin is 1820$.   :o ::) ;D

http://www.coindesk.com/bitcoin-price-long-term-potential/ (http://www.coindesk.com/bitcoin-price-long-term-potential/)

That would mean that Bitcoin has lost 99.9% of it's value by 2020.  :P

Maybe he is going to come back since we are seeing another fall in prices.
 ;)

U may be right.

But you my friend are also talking utter pish.

= trolling.
you think insulting people is preventing them from it ?

imagine a vw beetle forum. fans discussing about their favourite car. you would really take the effort writing 27 posts when you actually hate beetles ? tell those fans they are idiots? because you think it is an unsafe car ?

what is fitting much better: you missed the opportunity to get your beetle for a decent price, not only once but constantly for the last few years. you´re butthurt. or on some banks payroll.

You might laugh at that , but there are lots of users who came back online and started those threads, users who haven't posted anything since the April crash.
I don't know if it's a hobby or something like that but it seems there are people who enjoy disasters or accidents or anything bad and only make their appearances on those gloomy days

lol i was just thinking the same thing when i saw the thread

Hmmm. BTC seems to be a quite lively dead. It's twitching around 1020 again... :)

It is just a Zombie.  Everyone should panic sell again so we can pick up some more cheaper coins!

Wait till you see the new news :)
It's gonna twitch so much the price will read 2010 :)

Check out this:
http://www.reddit.com/r/Bitcoin/comments/1sk6ov/china_baidu_pause_bitcoin_now_i_have_a_great_news/

The Bitcoin is dead! Long live the Bitcoin!

ideas are bulletproof

Max Keiser lowering his interim target from $1700 to $1400 because of JPM 'patent trolling' is a concern, low and behold price 'crashing' again  ::)

lol

Obviously, nothing wrong with seeding panic sell for a succesfull trader at the right time during your dump

No - but everything wrong about falling for it. Not only do they lose money, they support all those who say that Bitcoin is too volatile to use as a medium for payment. This also prevents further adoption.

I usually help catching these falling knives and make good money in the process. So suckers: The coins you sold in your panic are now mine. Stop this BS, keep your coins or SPEND them and we all profit from Bitcoin@500,000

Just came back home and figured the exchange sold them for me. 150 Bitcoin bought at 820, sold at 897. Thanks suckers for paying for my family's skiing holidays. This crash/rebound pattern is so predictable - why don't more people make money off it - thereby suppressing the occurence of that pattern?

Only if you can be sure this pattern continues, but you can not

I hope it doesn't. That's why I am posting this. Not because I want to boast what an awesome trader I am. I am not. I have no clue about TA or anything. I don't trade usually.I only bottom feed on this particular pattern and I am doing that since 2 years.

I only hope my post is provokative enough so that panic sellers/buyers start thinking.

i don't get why retards are allowed to open accounts here and post. can we have an iq test someone has to take first to sign up here

Pot, meet kettle.

To write everything in small letter not mean he has a low IQ, just mean that he is a lazy internet writer.  8)

Even a dyslexic could be a brilliant mind (Albert Einstein for example)  ;)

OK, I will agree he is just too damn lazy to press the shift key.

How is your investment going?  I guess you won't know for about two months?

As i wrote i am unconvinced from this "investment"

At least common sense and to ask the community keep me holding my money.  ;)

i am lazy. at least i still use periods ;)
i'm pretty positive if they had some sort of iq test it would weed out most of the trolls. it just wouldn't be worth their effort to educate themselves to get on here.

seems most of you guys still forget why the first 2 bubbles popped: technically issues @ major exchanges caused mass fear and that fear driven further by negative media.

We, so far, arent seeing that in this bubble... the panic etc... seems to be more directly related to governments / banks attitude towards bitcoin .. So, what happens after this bubble pop will be very interesting... as governments / banks continue to move against Bitcoin ... what will people ultimately want, freedom or slavery...

Sorry , but the last panic that triggered the price collapse was because of a really bad interpreted news.
It wasn't anything against bitcoin. It has defined it's use and nothing more.
Then some panicked , people with large stash saw a possibility to dump now and buy back lower and you have the scenario.

Seriously?

OP is here since May 2011, and he still didn't learn that you can't say "Bitcoin is finished this time"..

Good.  Weak hands need to get the fuck out.   They're the same guys who come here with 27 posts and write uneducated nonsense because they understand 0.000001% of what Bitcoin is all about.

Or they hang out in the Speculation forum and start babbling nonsense about charts and dead cats bouncing, and other super cool day trading terms.

They're in it to make money and cash out.  Couldn't care less what they're actually contending with.

Let them run in fear, and in 6 months find out their emotional instability ruined them.

Yes I think it is the end, we are all going to lose our money.....

LOL

Do you guys think the price of bitcoin will ever go below $200?  Looking to snatch a few btc.  I am sure it will soar higher but I am praying for a huge dip right now....

The problem is that i don't see anyone coming in especially after the huge swings that are happening lately.
I think we should try to restore confidence to the weak hands and not wishing for them to sell  ::)

Forget this dream really fast. You pass the entry at 200USD. But who cares? Why you care about 200 bucks entry price? You should care about 5000 bucks or more exit price, and THIS price will come. Definitly. Not in 1 or 2 month, bot in the near future!

Must be eating him up inside he didn't throw a 100 bucks at it at the time he started trolling here.

Holy shit. This script reminds me of boiler room. 

thankyou for sharing it with us!

Holy shit man, you keep over $100,000+ in an online exchange? Aren't you concerned it could be hacked, shut down, etc?

yup smart educated people like you were telling me I was a moron buying bitcoin at $100 earlier this year.

I feel so stupid for being up a crap ton of money, and even if it crashes I can easily cash out with a profit.

What a ponzi scheme........yea.

The best revenge is success.

Yes, I am. But so far, that lack of trust did not save me money, it cost me: I panicked when MtGox closed the international withdrawals, converted all fiat there to Bitcoin and transferred them to other exchanges, at a negative arb. Had I remained patient, I could have waited for a time when there was a positive arb. Serves as another lesson for:


But thats past, anyway: Today we are in the lucky position to be able to spread the risk to several exchanges.

Did you believe every bullshit in internet? You guess he go to have a 11550USD skiing holiday? It's just abusybody. He never ever have 150BTC, because his behavior shown, that he is not able to trade that much money.

Willing to bet? My proof would be your orthographically unique message, signed with a private key holding that amount or more.

I have 3 letters for this.

L O L

Well lets hope so.

Self reflection is probably not your talent.
99% here are in for the profit, the rest for the drugs.
And a lot of these are in for gambling ...

The whole system only works, because a friction of all bitcoins is traded -> shortage of supply due to hoarders/holders.
The price increase is not corellated to transactions, hashpower, ... it's purely driven by greed.

Just check out blockchain.info

Most bears here are weak hands and they post only nonsense about to the moon and charts and...

Because you understand so much:
Can you explain me exactly how a transfer from Double SHA-256 to SH-512 should work? How will this affect the Hashpower? All Equipment will be useless.
In 15-20 years, SHA-256 is not safe anymore.

When will the transaction fees be lowered? Actually bitcoin is useless for micro-payments. How should I transfer 1 satoshi, when the transaction fee is 10'000x higher.


1 BTC = 100,000,000 Satoshis
0.00010 BTC fee = 10'000 Satoshis

Any transaction below 1'000'000 Satoshis is useless, because the transaction fees exceed more then 1%.

That's just plain wrong.
You can't do a guaranteed transaction without fees.

What is this shit you guys are posting? I've sent several transactions with no fee lately with around 1 hour clearance time. I sent two transactions of the same size, actually; one without a fee and one with an average fee. Both had the same confirmation times.

You need very high priority (very old coins) for the no fee transaction to proceed

I mean there is competetion for no fee transactions, so the higher priority, the better

I dare you to send me  2000satoshis

EDIT: somebody sent me  0.000000000BTC.  How the fuck is this even possible?   Somebody sent me nothing.  ty for the tip? BASTARDS

What address ? Definitively your sig address...

Oh yes PLEASE prove it!! And btw, before you laughing about non native english speaker, may i ask you, how many foreign languages YOU can speak?

I'll prove it when you put your money where your mouth is, e.g. to http://betsofbitco.in/ (http://betsofbitco.in/).  You are so sure I am only bluffing; its easy money. Or are you a coward?

If you need to know, I speak 2 foreign languages, English and Thai.

its over.....   okay, bye!

Oh that's nice! I am THAI, so please, could we communicate now in Thai? Maybe with a PM? And be sure, i will see easy if you use Google or any Translator, because it's almost impossible to translate my Language in Romanic Language! ;)

And btw. which is your NATIVE Language, if this both are your foreign Languages? :D

About the money provement, you and me know, that you will found something to regret, right?  ;D :P ::)

Whilst everyone is entitled to an opinion, I don't agree with the OP. In fact, I think that quite the opposite will be the case.

Hello, Mr. Anu, how about your Language "Skill" Prove? War auch nur heisse Luft, genauso wie der Text mit den 150BTC die du mal eben Tradest, gell? :D

Und ich bin kein Coward, aber auch kein Internet Schaumschlaeger. Hunde die bellen, haben nix und koennen nix. Kennste ja. Im Internet sind alle Millionaere, sprechen 10 Fremdsprachen fliessend, sehen aus wie Bratt Pitt mit 25, fahren Ferrari, haben eine Yacht mit Helicopterlandaplatz, 25cm Gemaecht and last but not least mindestens 3 Freundinnen von der letzten Miss World Wahl. Alles alt bekannt und nix neues...

Wenns dann ans Beweisen geht, wird gekniffen. Ist aber auch nicht weiter schlimm, da nix anderes erwartet.

Waiting for your bet. Amount is up to you as long as its at least BTC1. Put up or shut up.

Was fuer ein Gebot? DU wolltest es nachweisen, also go on! Von einem Gebot hat niemand gesprochen, scroll mal hoch! Genauso wie der Nachweis deiner Fremdsprache Kentnisse in Thai aussteht.

Wie sagt man in D so schoen? Beim Kacken erwischt!  ;D

PS: Brauchst auch nicht weiter in englisch schreiben, ich weiss ja mitterweile was deine nativ Sprache ist. Und da ich in Deutschland studiert habe sowie teilweise aufgwachsen bin verstehe ich deine Heimatsprache sehr gut.

Ob das umgekehrt genauso ist, darf genauso angezweifelt werden, wie dein Daily Trading Volumen von 150BTC.  ::)

Ach und PS: Mal in Thailand Urlaub zu machen und an der Bar ein Bier und ein Maedel zu bestellen hat mit der Sprache sprechen nix zu tun! Da verstehst du bestenfalls das Bar Kauderwelsch, aber nicht 1 Wort THAI Sprache. Falls ich mich geirrt habe (seeeehr sehr unwahrscheinlich) schreib mir doch einfach in Thai deine naechste Antwort. :)

So is this thread now a competition about who speaks the most foreign languages? Even that is a better topic than the original one i guess  :P

it looks like this topic is now about which troll has the bigger primedice signature :)

Yeah!

the topic is senseless bullshit anyway, so why should we talk more about that?  ;D

If Bitcoin was finished then why ain't it done?

Me: 1
OP: 0

I can't believe people dont know its OVER!
https://i.imgur.com/jBdfawW.jpg