Bitcoin Forum

whats up with bitcoin??
everyone is talking about them now but the price stays steadily between 8 to 900 on btc-e

whats up with that, are daytraders happy to make a few bucks a day now so that they buy at 800 and sell at 850 therefore the price is held down artificially.

serious BTC is a complete waste if the value doesnt increase cause except of overstock and Silkroad you cant use BTC for shit, ok maybe money laundeering works fine with BTC but anything else??

to me btc personally is an investment but whatfor invest in something if the price aint going up??

Price depends on supply and demand.

I suggest you do quite a bit more research before coming up with such drivel  ;)

price reflects potential vs. uncertainty and supply&demand. It's a complex issue.

When did you "invest"? If you jumped on the train when it just hit your station, give it some time before it's ready to leave. The only thing to get nervous about is when you're running out of liquidity. Don't put your grocery money into bitcoin.

addendum: On that note, read this: https://bitcointalk.org/index.php?topic=345065.0

Sure. Waste of time and money just like the internets. Sell, sell, sell.

im 24/7 involved in BTC i started buying at below 100$ but since decmber all btc is is hot steam

and regarding supply and demand i see everyone talking and most people buying them but theres no gain since december- compared to the times between 2009 and november 2013

plus to many regulations and attempts to stop bitcoin, why is that, is bitcoin now a decentralized money or not

lets just buy Bitcoins adn show the Governments to go to hell with their regulations
thats the only way BTC will raise again but aslong as pussys keep buyin BTC and than worry what will happen regarding regulations and things like that, we will not move an inch, like we didnt the last 4-6 weeks

I don't think you can treat bitcoin as a 401K.

It's a relatively new concept, it's ideologically driven - you don't know what it's future will be (unlike yours and mine - we'll be dead soon). If the idea sounds reasonable to you - get along with the project, if not - abandon ship.

Did you guys see this video: http://www.youtube.com/watch?v=qHUPPYzzZrI

It's a similar growth curve to facebook and twitter.

"i started buying at below 100$"

So you've got an 800% return in less than a year, and you're upset? Bitcoin is a great idea still in its early stages. It's not going to magically continue up forever to da moon but it will go up over time (years). Either a good troll or learn some patience.

im going to university so i used my bitcoin wins to live off and pay bills, plus i only could afford to invest about a1000$ back in July, so you get the picture that I didnt turn rich even though i had  800% profit

Man, dealing drugs doesn't have that ROI,  a Madoff pyramid scheme didn't have that ROI.

Selling AKs to Syrian rebels doesn't have that ROI. (An AK used to retail in Lebanon for under $100, now it's over $2,000 in Syria in case anyone wants to trade, I was really surprised).

Consider yourself lucky, but you can't count on bitcoin to keep skyrocketing as a way to make a living.

MT.GOX shows low is$905, high is $995 now

Yeah it's dead, give me yours

china is out and considering china started the last rally i feel the price is kinda high. could be much less like 200-300$.

If Bitcoin is dead why is this forum still a hive of activity and people are trying to get coins any way they can and are willing to pay nearly $1000 for them? Don't say stupid shit. You can buy a lot of things with it; but I also bet you'll be able to buy a hell of a lot more things with it in the near future. You sound just like a pump and dumper who wants to get rich quick. If you were a true believer you wouldn't care about the price but adoption. For Bitcoin to go mainstream it probably had to steady any way and not wildly fluctuate.

of course I look to get rich quick casue nomatter with what I pay I mostly can buy only things I dont need anyways

all that matters to me is that the value goes up and it doesnt right now

it stays between 800- 850 for the most time since xmas so therefore I say Bitcoin is dead

Then leave Bitcoin alone and leave these forums? How is it dead? Dead would be its price hitting 0. It's steady; not dead. You don't have to spend the money now anyway; you can hodl for the future. If you believe in Bitcoin this is what you'd be doing anyway.

It's a currency, but people are treating it as an investment. You can do both, but as with all investments they are not set in stone and are risky. You win or lose, but you need patience.

no, the value will quadruple in the few following months

Funny how people always think that they are entitled to money, welfare, food, shelter, roads, jobs, etc. It is quite rare how easy it was/is to make money out of Bitcoin. Nobody is entitled to anything, work for it and you get paid for what you're worth.

This is unfortunately the mindset of a lot of people who just want to get rich quick and not have to work for it, then they get mad when they're not quite getting rich quickly enough.

im gunna take a stab and say this was a troll post.

I dunno, I think he's just mad he's not going to the moon quick enough lol.

BTC dead? it sure will live longer than you ;)

Or at least till 2140 ;D

BTC isn't dead at all. Not until a central bank decides to 51% attack it that is. Glad I'm invested in peercoin

Why can't peercoin be 51% attacked?

Peercoin is not protected from such attacks. Check it here:

http://peercoin.net/#collapseTwo

I do not know if any crypto is protected against such attacks. I do not know about the nxt coin which is a completely different thing compared any other public crypto.

It's a different algorithm, I don't know exactly how it works. You should read up on it

stability is necessary for wide adoption

Its more alive than ever  :) just wait and itll reach 1000$ and beyond.

Will survive.

https://www.youtube.com/watch?v=ZBR2G-iI3-I

That's the first thing that came to my mind lol.

currently trying hard to survive for himself and some success coming in and hope its survive until World War 9

If BTC was dead its value would be 0 thus its far from dead lol. Supply and demand here people its that simple

Btc will never die.

BTC haha

Yeah. Give to us

no!

Charts of bitcoin prices over time show it held roughly the same value for long periods, then quickly jumped up and down for brief periods. It made the news when it jumped to $100 then fell back down and again after it hit $1000+. Maybe it will settle down to a steady price for a few months then start wildly fluctuating aain.

all peoples believe bitcoin is dead please start a giveaway and put this dead in alive wallets waiting for reply thanks  :D

+ you need 1000% yearly, and steady increase.

Maybe you should sell now end enjoy flawless dollars instead

Given most investments are returning way less than 10% at the mo, btc is still a good investment IMO. And it will get better if the big investment funds get involved.
Dead, hmm, I don't think so.

yes currently some big whales thinking about this but its take time and as this happen its give some more good profit to investors

Some people just aren’t happy with 10 or 20% profit they want 67x profit or whatever. It's just greed. As long as you haven’t lost any money what matters, and if you have lost, well that's investments for you. they don't always work out.

I'd go along with this, I'd be very happy if some of my non BTC investments generated 7.5% annual return - even this is not guaranteed  :)

In the last 12 months the value of BTC has gone up about 1000%.

Are you sure you know what you're talking about?

I was up nearly 1000% when Bitcoin was at its peak.

buying for 800$ selling for 850$ and you see no profit... 1 cent if a fuking profit.

This is true - sorry now it's only up about 900% which is obviously very poor compared to conventional investments ;)

Seriously though, of course bitcoin is very high risk and no one should invest more than they can afford to lose - although myself I am very bullish.

Obviously I am now devastated and feel foolish for ever putting my money into Bitcoin. WHY AM I NOT A MILLIONAIRE YET?

I was told I could afford a Lamborghini if I bought Bitcoins. I'm still waiting :(

all dreams never fulfill you have to wait for your Lamborghini and others also for become Millionaire because its still have potential to give these thing to us

Why should BTC be rising so much? It's a currency. It's like asking why the USD hasn't risen a ton today (USD might be a bad example...).

In my opinion, I am happy that the price has been around $820 USD for the past two weeks or so. Stability is what Bitcoin needs if it really wants to go mainstream. The more stable Bitcoin is, the easier it will be to adapt and be taken seriously.

Also, if you're just in BTC to make a quick buck, then go for it. But I think your investment expectations are too high. Making a few dollars per share (in the stock market) is actually a decent profit. The massive increase in BTC price has warped your expectation in investments. 

It is a currency, but people are treating it like an investment. These people are going to cry rivers of tears if it collapses and stabilises at a lower value. Investment y u no make me money? Gamble at your own risk.

Its both really I reckon - just the same as fiat currency is in practice (forex). Btc's value is being buoyed at the minute by investors/speculators - but tbh I can't help but think that this is good because it is at least giving Btc some kind of value.
   Of course whats happening is that Btc is being given a stay of execution - by that I mean that it is being given time to prove its worth/utility.

  And I do believe that there a lot of people (a lot cleverer than me) out there who are working very hard to show to the world Btc's utility by developing code.

    Its a very exciting time - I wish I could be more a central part of it (thru code/programming) but unfortunately I can only support it by the limited amount of dollar I can put into it and by my mouth (as in word of mouth)

The OP convinced me - bitcoin is dead - I'm selling everything  :D

+1

Is BTC dead as a cryptocurrency? Nope, it is still early days and leads the way as the flagship crypto.
As a technology? Not at all, in fact this is one of the most promising aspects of Bitcoin.
As a means of making a quick buck? Nope - there are slow times, of course, but the investment in Bitcoin is subject to supply and demand that will be influenced by speculation around the media and such.

If in doubt, hoard what you can afford and not a satoshi more.

please start a giveaway for all and give these all dead to us and you do some in live is this better tip  ;)

BTC is already becoming a more useful and liquid medium of value, as Overstock and other retailers begin accepting it as payment for goods. The future is bright. :)

BTC is here to stay. Even if BTC we're to tank because of greedy peps. Trying to do a huge "Double Spend" and could ruin the trust of the btc system of things. Won't matter, people like the BTC system. Like the digital currency not be controlled by Goverments. Like not paying on outragouis fees for transferring of funds. List goes on and on. yes, it won't matter if BTC1.0 fails. BTC2.0 will come out and everyone will start off fresh and zero account. BUT so will the Difficulty! Which we can mine with our CPU's like in the old days, LOL. Make 100's of BTC & sit on them and wait for it to do a comeback. Besides everyone loves a underdog...

it is impossible during2-3 years period.  we have to be confident and patient. I bet itcan hit 2000. Dont miss the train.

I don't think Satoshi anticipated the crazy mining difficulty situation and the consolidation of mining.

There's definitely a room for a cryptocurrency that's more resistant to that in accordance with the original anarchist spirit but I'm sure BTC is here to stay.

Personally I just put my money where my mouth is - freedom and anarchy (in the positive sense of  both words).