Bitcoin Forum

When is the next block reward halvening?

When is the next block reward halvening?

Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC.
BTC's large market cap is made out of artificial deficit and fraudulent trading by MtGox's bots and fantasy fiat.
So, now the market will just slowly run dry while new alternatives emerge that have better technological properties and a smaller market cap, that will attract the get rich quick gamblers again.

Bitter troll who missed out on any gains posting negative tripe again. You reference get rich quick gamblers, oh the irony. If alt coins are so amazing, why devote any wasted time on here at all?

http://www.bitcoin-foorum.ee/bitter.gif

Last time I held BTC more then 2 days was on December 2013, when it was over 1000$. I don't feel exactly sad that I haven't played these little pumps and dumps that have happened since.

Why are you here posting negative shit if you haven't held btc for more than two days since last December?

I distinctly remember seeing you post a positive prediction for btc on the wall a few weeks ago. The price inexplicably sold off lower sadly.

It is pretty obvious you are dying to catch the next bitcoin bubble. Why not just be honest?

Why are we going down :( ?

My motivations are mainly guilt and entertainment.
I know that all that I have earned here, is at the expense of others who are less fortunate then me, so I feel a little obligated to inform less experienced people on the threats that they must face. And also, this place is strongly out of balance, with the majority being extreme fanatics of bitcoin, who are overly positive about it's future. So, it's also entertaining to offer some counter-balance to this cultish community.

I made a mistake with this BTC's prediction. I had some information that turned out to be invalid. The main stress on this prediction went on PPC though, and luckily that wasn't invalid. I still consider PPC highly potential in the coming months. BTC not so much anymore.

Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here :)

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Ah the fallback of the bear troll - you are just helping out those inexperienced bitcoiners from everyone else on this forum? I would compare you to Edward50 but we both know you will be long as hell if the price moves up from here :)

I wouldn't be surprised if i wake up and its over 400 tomorrow morning ;)

Off to bed. Probably be over 400 when I wake, eh Shroomskit? Nn porkchop

Bitter troll who missed out on any gains posting negative tripe again. You reference get rich quick gamblers, oh the irony. If alt coins are so amazing, why devote any wasted time on here at all?

Bitcoins price is too bloated to promise people easy riches. And that has been the main attraction to buy BTC.

You asked and I answered.
I seriously doubt that I'll put some money back into BTC. Something really big and important would have to happen, but I don't see anything like that on the horizon. I see only a slow and painful downfall.

Well, how he isn't completely spot on with this:


It doesn't get any more accurate than this. The main attraction, excluding crypto nerds that love the technology, for Bitcoin, has been storing wealth and hoping it goes up with time. That's that. The common folk is not interested in consuming with Bitcoin. How can you prove this wrong? It's the cold hard fact. And when the common folk sees they cannot get much profit anymore, Bitcoin will become a game of rich people, just like Gold. It will be digital Gold, not digital currency as we know it. That's that.

I made a mistake with this BTC's prediction. I had some information that turned out to be invalid. The main stress on this prediction went on PPC though, and luckily that wasn't invalid. I still consider PPC highly potential in the coming months. BTC not so much anymore.

is this the capitulation?

You're confusing tanking price with death of Bitcoin.  Bitcoin won't die as long as there are a couple of netbooks mining it.  Even if the coins mined are worth exactly zero.

is this the capitulation?

Ask falllling ;)

Why are we going down :( ?

You seem new here.

I suggest you a) review his post history, and, b) look at the log chart of bitcoin over the past few years.

Price weakness has incorrectly predicted the death of bitcoin at least four times previously. There are many reasons why bitcoin could go on to great things in the coming years - speculation in the price is not really one of them.

Satoshi said it best: If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry.

What is FIAT ?

What is FIAT ?

And now we are up to $390 already, so you shouldn't lose faith just because it drop like 15$.

now we are sub 380


Don't create expectives so you will neer be disappointed

Why are we going down :( ?

Supply outweigh demand.

Bitcoin is bitchcoin

No demand!!!!!!

Bitcoin is a market like any other market.

Mr. Elliott showed that the movements in the financial markets were not chaotic, the markets are repetitive and cyclical in nature. It's the first thing to understand about markets.