Bitcoin Forum

Economy => Speculation => Topic started by: mocrotasje on September 07, 2014, 05:17:45 PM



Title: Why did bitcoin failed?
Post by: mocrotasje on September 07, 2014, 05:17:45 PM
-The media over hype ?
-The world banning bitcoin?
-Terrorist using bitcoin to buy nuclear weapons?
-The silkroad scandal?
-Bitcoins used for child porn?
-Money laundering?

So plz tell me why parts of the world should allow this dangerous ponzi scheme?
If we all ban it we can easaly kill it. China already gave bitcoin a nasty uppercut. Thats why we are in a dead cat bounce. A murica ban will whipe the floor with it.
Think about it..

You guys are al delusional. The only thing you can buy with bitcoin in 2 years is drugs and child porn. The rest will get banned.
Just like in the 50 dollar range. Good ol time. :)

I said it first.


Title: Re: Why did bitcoin failed?
Post by: Habeler876 on September 07, 2014, 05:19:28 PM
Clearly, bitcoin being used to buy illegal things (like, ahem, legal currency), and the price of bitcoin going down, are indications that bitcoin has indeed failed. You, sir, win a cookie.

 ::)


Title: Re: Why did bitcoin failed?
Post by: adamstgBit on September 07, 2014, 05:31:47 PM
sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.


Title: Re: Why did bitcoin failed?
Post by: inca on September 07, 2014, 05:33:11 PM
sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

Not sure..it is very poorly written trollery!


Title: Re: Why did bitcoin failed?
Post by: knight22 on September 07, 2014, 05:34:58 PM
http://i0.kym-cdn.com/photos/images/original/000/131/351/eb6.jpg


Title: Re: Why did bitcoin failed?
Post by: inigthz on September 07, 2014, 05:36:37 PM
Most of all is true..


Title: Re: Why did bitcoin failed?
Post by: niktitan132 on September 07, 2014, 05:40:24 PM
Bitcoin didn't failed.  ;) Only the price is low and it will go UP the coming months.All you need is patience and a strong HODL spirit. 


Title: Re: Why did bitcoin failed?
Post by: knight22 on September 07, 2014, 05:42:06 PM
Most of all is true..

-The world banning bitcoin?
-Terrorist using bitcoin to buy nuclear weapons?

 ::) ::) ::)

Most of all is irrelevant to bitcoins' success or failure.


Title: Re: Why did bitcoin failed?
Post by: falllling on September 07, 2014, 05:45:29 PM
bitcoin is a over-price bubble


Title: Re: Why did bitcoin failed?
Post by: knight22 on September 07, 2014, 05:49:28 PM
bitcoin is a over-price bubble

And will be as long as the speculators will out number the real market participants. Get over it.


Title: Re: Why did bitcoin failed?
Post by: grappa_barricata on September 07, 2014, 09:05:06 PM
Why? Because you touched yourself, that's why.


Title: Re: Why did bitcoin failed?
Post by: Elwar on September 07, 2014, 09:11:16 PM
Yes, so many nukes being traded daily for bitcoins.

That is where the FBI coins are going.


Title: Re: Why did bitcoin failed?
Post by: Brewins on September 07, 2014, 09:18:36 PM
Bitcoin didn't failed.

And bitcoin price doesn't need to be 1M each for it be called a success.

Do more training on the trolling school then comes back, please.


Title: Re: Why did bitcoin failed?
Post by: favelle75 on September 07, 2014, 09:35:08 PM
Why did the title of this thread "failed".  LOL.


Title: Re: Why did bitcoin failed?
Post by: mustang77 on September 07, 2014, 09:48:07 PM
How did it fail, if it's winning?


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 07, 2014, 09:55:24 PM
You call Bitcoin a ponzi scheme and say it has failed.

Fiat money that governments have a printing monopoly on, isn't a ripoff scheme?
You can't buy drugs,nukes and childporn with fiat?

The usage of bitcoin and bitcoin itself are not the same.

You're arguments are weak.


Title: Re: Why did bitcoin failed?
Post by: thisisthis on September 07, 2014, 10:03:49 PM
Who said that bitcoin failed?
The adoption is still increasing and there are good news coming from big companies, I don't see any fail.


Title: Re: Why did bitcoin failed?
Post by: oceans on September 07, 2014, 10:44:10 PM
I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 07, 2014, 10:47:43 PM
I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.

As a get-rich-quick scheme it is arguable that it has failed  ;D


Title: Re: Why did bitcoin failed?
Post by: JimboToronto on September 07, 2014, 11:45:19 PM
LOL thread.

Wow, let's see.We have drugs, kiddie porn, terrorism and money laundry.

As FUD goes that's pretty old school. Reminds me of early 2013, not late 2014.

C'mon, you can do better than that.

Pretty lame trolling if you ask me.

Have you considered cannibalism or necrophilia? Be creative!


Title: Re: Why did bitcoin failed?
Post by: pork pie on September 07, 2014, 11:52:14 PM
LOL thread.

Wow, let's see.We have drugs, kiddie porn, terrorism and money laundry.

As FUD goes that's pretty old school. Reminds me of early 2013, not late 2014.

C'mon, you can do better than that.

Pretty lame trolling if you ask me.

Have you considered cannibalism or necrophilia? Be creative!

Terrorist using bitcoin to buy nuclear weapons. The nuclear weapons bit is fairly creative, but I doubt anyone's selling them. In addition, you would probably need more than bitcoin's full market cap of $ 6,404,161,520 to buy even one nuclear weapon.


Title: Re: Why did bitcoin failed?
Post by: JimboToronto on September 08, 2014, 12:14:46 AM
you would probably need more than bitcoin's full market cap of $ 6,404,161,520 to buy even one nuclear weapon.

True, but there are cheaper weapons of mass destruction available aren't there?

How about being really creative and suggesting the use of scopolamine to turn the masses into sycophantic obedient zombies?

The stuff's so cheap it grows on trees.

 :D


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 08, 2014, 12:24:26 AM
Let's state that the Nazis will take over using bitcoin to adhere to Godwin's law ;)


Title: Re: Why did bitcoin failed?
Post by: STT on September 08, 2014, 01:12:48 AM
Most traded currency for major drug deals ?  That would be dollars and so on for every crime you can think of.  The largest source of liquidity and available easy distribution and liquidation for criminal assets is of course the dollar, as many millions count as very little in the background of such great usage


Title: Re: Why did bitcoin failed?
Post by: grappa_barricata on September 08, 2014, 02:12:04 AM
Fiat banknotes contain cocaine.


Title: Re: Why did bitcoin failed?
Post by: btcxyzzz on September 08, 2014, 04:47:24 AM
I just want to say one plain "fuck you" to OP. Thanks for your attention.


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 08, 2014, 04:48:41 AM
Bitcoin just hit 3200 euro this night..


http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/4236644_orig.jpg

http://www.bitcoinupdate.nl/home/bitcoin-steeg-vannacht-naar-3200-euro


Title: Re: Why did bitcoin failed?
Post by: piramida on September 08, 2014, 05:38:55 AM
More than amount of really stupid trolls on that forum, what surprises me is amount of people who feel they need to argue with really stupid trolls. Is it easy to make an argument against somebody who is stupid? Do you play chess with retarded people? :) Just leave him be, maybe help him cross a road.

Here's a little theory of mine - there are what, 7 billion people out there? About 6 billion live below poverty line. So it will get much worse that it is now, as the world discovers bitcoin, there will be a billion-trolls wanting to buy at least some part of it, but without financial ability to buy any substantial amount they will be bashing and screaming and cursing and attacking owners. Be ready. It is not communism, so there will be many, many bitcoin poor.


Title: Re: Why did bitcoin failed?
Post by: MasterCasino on September 09, 2014, 12:12:18 PM
Clearly, bitcoin being used to buy illegal things (like, ahem, legal currency), and the price of bitcoin going down, are indications that bitcoin has indeed failed. You, sir, win a cookie.

 ::)

HA! this one is epic. What does he think? Minor drop means failure? Let us just believe what bitcoin can do. Maybe back to $500 by the end of this month? What do you think?


Title: Re: Why did bitcoin failed?
Post by: minerpumpkin on September 09, 2014, 12:19:13 PM
I'm just posting here, so reasonable people don't fall for this FUD... Bitcoin didn't fail. Take a look at long term logarithmic charts and you'll realize that. We're merely still in a consolidation phase!


Title: Re: Why did bitcoin failed?
Post by: Itsumo on September 10, 2014, 02:05:01 PM
FAIL? Are you blind. Please check your facts before you post.


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 10, 2014, 11:14:30 PM
FAIL? Are you blind. Please check your facts before you post.
Yeah, bitcoin hit 3200 euro  ;D


Title: Re: Why did bitcoin failed?
Post by: counter on September 10, 2014, 11:38:07 PM
Wow I was expecting a punchline like a "why the chicken crossing the road" joke but I guess the title was funny enough anyway, haha! 

Seriously though, the price declined because people lost faith in their investment, weak hands sold and speculators went on vacation simple as that.  This all lead to a long period of stagnation and cheap priced Bitcoins. The real news is that threw all the beartroll's and fud the price is holding like a boss..

Soon there will be know where else to go but up and post like this will be laughed and ridiculed.  The posters like you will be ashamed to log in and the true believers will be celebrating all the cheap coins they got thanks to people like you.   8)


Title: Re: Why did bitcoin failed?
Post by: ElectricMucus on September 11, 2014, 02:14:34 AM
I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.

As a get-rich-quick scheme it is arguable that it has failed  ;D

For some people it did. Lookup artforz or Vladimir. They'll be dumping for a long time.


Title: Re: Why did bitcoin failed?
Post by: lightningmccoin on September 16, 2014, 07:53:19 AM
Why are you saying that bitcoin failed? Is the bitcoin over? I think it is still worth well over $450 right now. Then why is it over?


Title: Re: Why did bitcoin failed?
Post by: w4ssop on September 16, 2014, 07:57:28 AM
Bitcoin is still on the road to be one of the most important innovations of the last 50 years.


Title: Re: Why did bitcoin failed?
Post by: MrBtcSenior on September 16, 2014, 08:10:10 AM
Why are you saying that bitcoin failed? Is the bitcoin over? I think it is still worth well over $450 right now. Then why is it over?

Probably he is a bearish troll like many users here, bitcoin didn't fail at all.


Title: Re: Why did bitcoin failed?
Post by: RobFordWotWot on September 16, 2014, 08:28:45 AM
Bitcoin is being used to fund gay, necrophiliac bird rape.. research (which disproves typical non-gender binary assertions)

Quote
The strange case of the homosexual necrophiliac duck pushed out the boundaries of knowledge in a rather improbable way when it was recorded by Dutch researcher Kees Moeliker.

It may have ruffled a few feathers, but it earned him the coveted Ig Nobel prize for biology awarded for improbable research... Moeliker has published his findings for free with the option of donation through the new digital currency: Bitcoin.

http://www.chm.bris.ac.uk/sillymolecules/papers/duck.pdf

 ::)


Title: Re: Why did bitcoin failed?
Post by: EricTyle on September 16, 2014, 02:53:17 PM
sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

I highly doubt any FUD posted on speculation would move the price in a significant manner.


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 16, 2014, 03:07:31 PM
sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

I highly doubt any FUD posted on speculation would move the price in a significant manner.

Maybe it's the lack of falllling posts that is bringing down BTC  :P


Title: Re: Why did bitcoin failed?
Post by: JimboToronto on September 16, 2014, 04:10:13 PM
Maybe it's the lack of falllling posts that is bringing down BTC 

Bitcoin isn't going down.

Merely the price.


Title: Re: Why did bitcoin failed?
Post by: Only4money on September 16, 2014, 04:20:46 PM
Everything in this world has some positive and negative sides. And same applies with the Bitcoin. Even Fiat currencies are used broadly for all illegal stuffs and the fact is that they never got failed for it and same goes for the Bitcoin. It'll never die actually, it's the price which fluctuates and it's kinda normal.


Title: Re: Why did bitcoin failed?
Post by: AirFlame on September 16, 2014, 04:36:28 PM
Hahahaha i was searching for some stuff and this came out 'Why did bitcoin failed?'. Are You kidding me ? Bitcoin is just warming up :)


Title: Re: Why did bitcoin failed?
Post by: STT on September 16, 2014, 05:06:32 PM
It hasnt failed in its purpose.   The chain integrity is intact.   Not really a good reason to say its a fail, even mainstream press havent tried this headline (yet)

BTC has failed if you bought in December hoping to get richer ?    The counter to that is BTC is not designed to make anyone richer, its sole purpose is to transmit worth globally and securely in less then an hour, it continues to do that.    
I could buy a Porsche and expect to get richer, some do this with new models.   Some of them make money, mostly its the manufacturers who make money from selling cars not the speculators.   Porsche hasnt failed because you lost money, variation in price of anything is reasonable and according to free market usually.  Considering BTC is just a mostly interlectual idea of some clever folk not copyrighted, its price even now is amazing imo


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 16, 2014, 05:29:15 PM
Maybe it's the lack of falllling posts that is bringing down BTC  

Bitcoin isn't going down.

Merely the price.

I know that's why I'm heavily invested :P

My comment was a joke :)


Title: Re: Why did bitcoin failed?
Post by: giveBTCpls on September 16, 2014, 05:40:00 PM
Paypal just announced the Bitcoin adoption is official, Winklevoss ETF coming, Amazon adoption coming... where the fuck is the failure?


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 16, 2014, 05:41:40 PM
Paypal just announced the Bitcoin adoption is official, Winklevoss ETF coming, Amazon adoption coming... where the fuck is the failure?

Bitcoin isn't failing. We are failing Bitcoin. BUY BUY BUY!!! :D


Title: Re: Why did bitcoin failed?
Post by: llanillo on September 16, 2014, 05:42:05 PM
No sense thread... only trying to troll


Title: Re: Why did bitcoin failed?
Post by: JimboToronto on September 16, 2014, 05:44:19 PM
Paypal just announced the Bitcoin adoption is official, Winklevoss ETF coming, Amazon adoption coming... where the fuck is the failure?

Bitcoin isn't failing. We are failing Bitcoin. BUY BUY BUY!!! :D

Hear hear.


Title: Re: Why did bitcoin failed?
Post by: RodeoX on September 16, 2014, 05:48:42 PM
We have heard this all before. Like a million times since 2010 and bitcoin just keeps getting stronger. Why just today I read that the United Way, the worlds largest charity, is now accepting bitcoins and PayPal has a new video stating that bitcoins will be part of their plan.
I just don't know where people get the idea that you can't find places to spend bitcoin? It is the only thing I use to buy online and never fail to find what I want. And it get's easier every day.


Title: Re: Why did bitcoin failed?
Post by: Chuckee on September 16, 2014, 05:56:13 PM
We have heard this all before. Like a million times since 2010 and bitcoin just keeps getting stronger. Why just today I read that the United Way, the worlds largest charity, is now accepting bitcoins and PayPal has a new video stating that bitcoins will be part of their plan.
I just don't know where people get the idea that you can't find places to spend bitcoin? It is the only thing I use to buy online and never fail to find what I want. And it get's easier every day.

Of course a charity is willing to take your money, in any possible currency, as long as it's worth something. That's not exactly a major achievement. I'm sure United Way would let me pay them in fur pelts, if they could turn around and exchange them for cash.


Title: Re: Why did bitcoin failed?
Post by: RodeoX on September 16, 2014, 07:24:26 PM
We have heard this all before. Like a million times since 2010 and bitcoin just keeps getting stronger. Why just today I read that the United Way, the worlds largest charity, is now accepting bitcoins and PayPal has a new video stating that bitcoins will be part of their plan.
I just don't know where people get the idea that you can't find places to spend bitcoin? It is the only thing I use to buy online and never fail to find what I want. And it get's easier every day.

Of course a charity is willing to take your money, in any possible currency, as long as it's worth something. That's not exactly a major achievement. I'm sure United Way would let me pay them in fur pelts, if they could turn around and exchange them for cash.

It is no different than a business taking them. Businesses that try it love it. They pay 3% and wait 1-5 days to get paid with a credit card. Using bitcoin they receive the full value and the transaction is over and done in 10-60 mins.
It is just a superior system and that is why it is becoming more powerful every day.  When I started in bitcoin you could buy very little and it required a lot of searching. Today I buy whatever I want. For example a few weeks ago I wanted a Kahr P-380 pistol. It is a somewhat hard to find gun if you have dollars. A few mins. of searching and I was able to find this shop: http://centraltexasgunworks.com/

My local gun shop handled the transfer. When I told them why I bought from Texas they said they would now take bitcoin also. It only took me about an hour to set them up and start them saving money, like their bitcoin customers. Utility is why bitcoin is gaining ground.


Title: Re: Why did bitcoin failed?
Post by: romerun on September 16, 2014, 08:31:03 PM
bitcoin will succeed when people stop selling


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 17, 2014, 08:01:51 AM
Bitcoin has have a All Time High This Summer, so no fail yet.


Title: Re: Why did bitcoin failed?
Post by: Hunyadi on September 17, 2014, 08:04:41 AM
bitcoin will succeed when people stop selling

Bitcoin =/= bitcoin price.

Of course, when bitcoin succeed, the price will go up. The protocol is intact and ecosystem is developing. So no worries.


Title: Re: Why did bitcoin failed?
Post by: freedomno1 on September 17, 2014, 08:12:18 AM
sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

Some people are just trolling for the sake of trolling or to push the price down
But if there was a future case study it would probably be the impact of governments red taping a new industry to death
(doesn't look like it will happen now as the last six months have shown Bitcoins growing adoption despite all this but still a pain to people who want to develop new companies in the industry)


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 17, 2014, 08:14:21 AM
http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/4236644_orig.jpg
http://www.bitcoinupdate.nl/home/bitcoin-steeg-vannacht-naar-3200-euro

No fail.


Title: Re: Why did bitcoin failed?
Post by: Teppino on September 17, 2014, 08:27:29 AM
I think that 3200 @btce was some short squeezing rerouted through eur market.
The same exchange this year went to trade btc at 100$. I won't call those two events neither a failure nor a success.


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 17, 2014, 08:29:16 AM
I think that 3200 @btce was some short squeezing rerouted through eur market.
The same exchange this year went to trade btc at 100$. I won't call those two events neither a failure nor a success.

Well you tell me

http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/2332266_orig.png (http://www.bitcoinupdate.nl/uploads/3/3/0/6/330647/2332266_orig.png)


Title: Re: Why did bitcoin failed?
Post by: Teppino on September 17, 2014, 08:38:43 AM
Looks to me like it triggered some trading, someone profited for sure.
Don't feel like i'm attacking you, i'm not!



edit: february had some trading too

http://bitcoincharts.com/charts/btceUSD#rg1zig15-minzczsg2014-02-10zeg2014-02-10ztgSzm1g10zm2g25zvzl

http://bitcoincharts.com/charts/btceEUR#rg1zig15-minzczsg2014-09-08zeg2014-09-08ztgSzm1g10zm2g25zvzl


Title: Re: Why did bitcoin failed?
Post by: lamaze on September 18, 2014, 06:19:38 AM
Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that


Title: Re: Why did bitcoin failed?
Post by: Zeta0S on September 18, 2014, 07:13:06 AM
Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that
Yeh! It will be back @ 266USD No Time!


Title: Re: Why did bitcoin failed?
Post by: 78lower01 on September 18, 2014, 07:19:40 AM
Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that
Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.


Title: Re: Why did bitcoin failed?
Post by: Wilhelm on September 18, 2014, 07:58:13 AM
Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that
Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.

Unfortunately since we're going below $450 I believe the bottom could well be $100.
Bitcoin will return from the dead but weak hands must be killed first :)


Title: Re: Why did bitcoin failed?
Post by: Only4money on September 18, 2014, 04:39:04 PM
Well bitcoin today is not in a good place but its not dead as you say. It will come back for sure. Everyone is believing in that
Yeh! It will be back @ 266USD No Time!

Probably the bottom will be higher, somewhere around $350.

Unfortunately since we're going below $450 I believe the bottom could well be $100.
Bitcoin will return from the dead but weak hands must be killed first :)
Nobody knows where it's gonna strike within few days, it may rise back up to $500 or it may even hit $100. But as you said weak hands must be killed first and that's the real way to make it almost stable. Personally I think it won't go below $400.


Title: Re: Why did bitcoin failed?
Post by: abercrombie on October 25, 2014, 01:54:54 PM
Subject is grammatically incorrect, and for that reason alone it just stuck in my head.

In hindsight, interesting to read the advice.

Here we are, over 100 points lower.  I think this thread was created at the lofty heights of $478'ish.  

Now we're in the 340's.


Title: Re: Why did bitcoin failed?
Post by: inca on October 25, 2014, 02:39:13 PM
Subject is grammatically incorrect, and for that reason alone it just stuck in my head.

In hindsight, interesting to read the advice.

Here we are, over 100 points lower.  I think this thread was created at the lofty heights of $478'ish.  

Now we're in the 340's.

You are short, so?


Title: Re: Why did bitcoin failed?
Post by: NotLambchop on October 25, 2014, 02:42:56 PM
...
You are short, so?

So he's making money while you're losing it.  How is it you don't understand the most trivial shit?


Title: Re: Why did bitcoin failed?
Post by: robmob on October 25, 2014, 02:44:03 PM
Where is the proof bitcoin failed and if it failed why am I still buying and selling items for bitcoin?


Title: Re: Why did bitcoin failed?
Post by: inca on October 25, 2014, 02:45:29 PM
...
You are short, so?

So he's making money while you're losing it.  How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!


Title: Re: Why did bitcoin failed?
Post by: cocos on October 25, 2014, 02:48:32 PM
Because some alt coins have better mechanism.


Title: Re: Why did bitcoin failed?
Post by: BlindMayorBitcorn on October 25, 2014, 02:50:21 PM
I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.

As a get-rich-quick scheme it is arguable that it has failed  ;D



Title: Re: Why did bitcoin failed?
Post by: NotLambchop on October 25, 2014, 02:55:31 PM
...
You are short, so?

So he's making money while you're losing it.  How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!

I trade BTC for profit.  Watching you rage against your betters is just an aversion, a way to pass the time while I make money and you lose it.


Title: Re: Why did bitcoin failed?
Post by: robmob on October 25, 2014, 03:03:56 PM
Bitcoin is not  a get-rich-quick scheme or a ponzi scheme I think you might want to do some research before you understand you make yourself look stupider then you all ready do


Title: Re: Why did bitcoin failed?
Post by: NotLambchop on October 25, 2014, 03:14:32 PM
Bitcoin is not  a get-rich-quick scheme or a ponzi scheme I think you might want to do some research before you understand you make yourself look stupider then you all ready do

Shouldn't u b in schul lurning to Englishe beterer?


Title: Re: Why did bitcoin failed?
Post by: abercrombie on October 25, 2014, 03:34:52 PM
...
You are short, so?

So he's making money while you're losing it.  How is it you don't understand the most trivial shit?

You obviously think you exert an effect on the market by trolling these forums constantly. Hope it's worth it!
For the record, I trade as neither bull nor bear.  As a trader, I welcome the volatility of huge peaks and valleys.  

Posted rockets and moon pictures early summer, now I post the opposite as it falls.  

Long term, I do believe in cryptocurrency as an innovation.  ;D


Title: Re: Why did bitcoin failed?
Post by: calchuchesta on October 25, 2014, 04:11:54 PM
I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.


Title: Re: Why did bitcoin failed?
Post by: abercrombie on October 25, 2014, 04:22:39 PM
I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

If we use the 12 month indicator most often used on Wall Street, year to year we're down brah.


Title: Re: Why did bitcoin failed?
Post by: NotLambchop on October 25, 2014, 04:26:15 PM
I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

Teh amateur investors were duped by Bitcoin visionaries like this d00d,

http://s29.postimg.org/jjjyh2f5z/rep.jpg

who told them that Bitcoin price would continue rising exponentially.



Title: Re: Why did bitcoin failed?
Post by: cbeast on October 25, 2014, 04:28:04 PM
I like how many people are calling Bitcoin a failure because its price hasn't been sustained at $1000 levels, yet no one remembers that in Spring of 2013, bitcoin was sub $100. It's baffling to call something a failure even though it's STILL above the April 2013 high of $276. I just don't get how quickly they expect things to move when they say that it's a failure while still maintaining 100% gain from one year ago. Fuck.

If we use the 12 month indicator most often used on Wall Street, year to year we're down brah.
If we use moving averaging, we're still way up over last year.


Title: Re: Why did bitcoin failed?
Post by: kresu on October 25, 2014, 05:25:30 PM
Hello, guys, WAKE UP!

The OP mocrotasje opened this thread on 7th September, and did not reply even once since.
He left you all talking to yourselves, while laughing at you :)



Title: Re: Why did bitcoin failed?
Post by: cbeast on October 26, 2014, 03:33:51 AM
Hello, guys, WAKE UP!

The OP mocrotasje opened this thread on 7th September, and did not reply even once since.
He left you all talking to yourselves, while laughing at you :)


The poor guy had an accident. Why are you so cruel to him?  :'(