Bitcoin Forum

I feel Bitcoin is taking a big hit and people are getting bored with it. Mining is not profitable what so ever, people keep selling out, it seems the Rise and Rise of Bitcoin is turning into the Fall and Fall of Bitcoin. I am getting completely out of Bitcoin and transitioning to something more promising for the future. Some alternatives that have caught my attention are: Ripple & Stellar.

Whats your guys opinion about Bitcoin? Are you guys getting out and transitioning also? What other currencies are you looking into?

Worst.
Decision.
Ever.

Okay bye! See you at the moon!

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Going to other crypto you not finishing woth btc but only moving to another same kind.....

See you from the moon!

I like to see the enthusiasm! Glad to see the firm believers in Bitcoin still

I want you to take a look at the mkt cap of Ripple and stellar http://coinmarketcap.com/
What do they both have in common? they are both tanking with btc. If btc fails they all fail.

We need a new digital currency that breaks apart from Bitcoin. Its kind of dumb to have everything depend on one thing.

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Gold is same as bitcoin... its value is set by market

It's called NXT. Check it out:
http://nxt.org/
http://nxter.org/
https://nxtforum.org/


I don't actually think this is the end of BTC by a long way, but I am very glad that I sold almost every BTC I held 2 weeks ago, leaving the bulk of my crypto portfolio as NXT and NXT assets.
NXT is holding it's dollar/euro value very well, compared to the rest of the crypto world, and offers a pretty good safe haven right now.
If/when BTC starts to pick up again, then I'll move back in to BTC, but right now I'm pretty much out.

never close your mind to anything. these are just market trends and are natural. if BTC goes down to 100+ or so, so be it, but i will not be surprised if it starts going back up from there.  so always be ready to get back in just in case.  

as for which project to invest in, i'd say avoid XRP and STR for now (tho i think both projects are good), as XRP is showing signs of falling with BTC, and STR could follow soon.  so be careful and just be in the sidelines and wait for a better opportunity. you wouldn't want to be trapped with paper losses.

i think a good project to place a bet on is NXT.  it's gradually breaking out and could be a start of an uptrend.  

edit:  and it wouldn't be a bad idea to hold some fiat.  you can hold bitstamp.USD in ripple for easy convert to BTC when it starts going up again.  imo nubits is also a good option for easy convert back to crypto.

A little premature I think because their is so much Bitcoin development on the cusp of being released. Multiple killer aps in 2015!

BTC is not dead.  just trending down. that's very natural when something is traded in an open market.

https://i.imgur.com/tK2EmiKl.jpg

Wrong time to sell out..

Goodbye !! 

don't worry.. a lot of people will be coming back when it starts trending back up and becomes profitable again.  right now, you can't really blame the people who want out as they are and will lose money in BTC right now. 

Tragedy, isn't it? Straight line down whole year, and people didn't get it.
Pump was over with MtGox.

It's here, they're launching 1.0 within a month & there's a chance this will topple Bitcoin, if it continues to be weak this year imo...

https://m.youtube.com/watch?v=fnunXnLdJdw&feature=youtu.be

Websites, launches etc. all being revamped atm. but it will all be pretty awesome soon.

I'm curious, which planned apps are you banking on?

laterzzzzzz.... I'll be thinking about you and everyone else like you when I sell 1 btc for 10k in the coming years.

 ;D

Something more promising for the future can't be an altcoin can it?  I'm not getting out of Bitcoin because there are individuals selling out, bowing to the man, attempting to integrate with the establishment. They can do what they want. You know what's best for you, if taking a financial loss will make you run to an altcoin, then what will happen when stellar fails?

Here's a killer app for 2015...

https://twitter.com/enej_p/status/544902992399720450

You guys are living in a pipe dream. With no regulation it doesn't work. Any person with just a bit of common sense that gets scammed just once is done.
It has happened to more people by more scammers than anything I have ever seen in my lifetime and I am 48 so I have seen a lot. Unless you have a Federal Authority that will prosecute and help recover funds by protecting against fraud, it just won't work. I was in love with BTC until all of the scamming took place. At first it was bad but recoverable due to mining but now with zero profitability in mining the scambaggers are really at work. You have had companies with millions of dollars folding left and right with no remorse and no consequences.

I totally agree. I am totally in support of crypto. Whether it's btc, nxt or quarkbar. but there needs to be a regulatory authority. It's great to think that we could have a total decentralized currency but it just won't work without regulation.

$1.2 million worth of bitcoins are being dropped in market on daily basis. We don't have buyers.

I've sold mine as well and I'll just watch it for few months and buy at $20

Now is not the time to get out.

Stick around.

We're still mid-cycle in the overall progressional development.

I think you might be waiting a lot longer for that to happen. Bitcoin wont go down that far. The only way is up this year. Have faith.

Wrong time to sell out.

The price fluctuates up and down based on the market. It's down right now, but it will go back up as the market predicts.
BitCoin still has a few more years as the gold of crypto, but I don't thing it will stay as strong as it is now because as you said, Mining is becoming less and less profitable. Mining ends in like 2045, so who in the right mind will mine until then? I think markets will move more from a PoW to a PoS.

I do indeed agree with you... price will go up :)

The second half of 2011 and first half of 2012 felt the same. Get over it.

btc is more accepted every day and on good way to become mainstream. i dont care if that down trend is caused by satoshi nakamoto dumping his coins, scared investors or anything else, it is buying time lol. sure i will not sell house and wife for it but most of free bucks will run thar way.

Finally some illustrated despair, get ready for the disbelief in a few month's time.

People don't realize massive merchant adoption is a double edged sword. When they all dump straight to fiat to pay salaries, bills, etc., this is what happens

Unobtanium adresses the problem bitcoin has with the constant sellpressure.

https://bitcointalk.org/index.php?topic=527500.0


and it's trustless and without premine - not like ripple a gamble on what the central authority decides to do next.

Uno is on a longterm uptrend since last July.

What u guys can't get through your heads is that mining and speculation drove btc up. The market became flooded by miners paying for bills and converting coin into cash. That combined with never ending bad news and scamming drove the price down and now that mining is not profitable there is no demand. Everyone keeps saying "oh it's just because all the merchants are turning coin into cash" that is BULLSHIT. Nobody wants to hold coin and everyone wants and needs cash to survive. The concept of bitcoin is great but it is in a downward spiral. I am sure it may rally again on a "sucker rally" but it will NEVER see the 1K highs again until there is regulation that holds businesses accountable and gives the sender some recourse.

AND any cloud mining right now is pure PONZI. Unless you have free electric, free mining equip and free space, your at a loss.

You guys must be doing amazing if you have to post in every thread about it. These people want to dump on unsuspecting buyers that do no research. Be wary of such drivel

Just spreading the word as there are solutions to every problem. The coin is around since 2013 and has great things coming. There is no reason to sell it right now or in the near future. If you're scared, don't buy it.


Got to wonder what your problem is with it in case there would be one.

And yes, we are doing amazing.

Therefore the system that btc operates under is flawed hence the reason the POS coins and coins like Ripple will start to take over.

I'd keep what you have invested into Bitcoin, but if you're still interested in Crypto, you should continue to look at projects that have some growth potential to them. You mentioned Ripple and Stellar, there's some potential in those, same with Ethereum. You might also want to look at SJCX (http://storj.io/) which will allow you to buy/sell disk extra disk space in the future.

i would take a look at peercoin, its going to hit some major milestones in 2015 (cold minting,elimination of checkpoints, major marketing push etc. ). Perhaps a upcoming price spike?

maybe it then stops stalling out and creating problems. As it is right now it's BS - and since they weren't able for years now to even get it properly running i wouldn't buy ppc.

I don't get your optimism. BTC is on a downroad almost TWO YEARS! Only day trading is profitable, if you know how to do it of course

Well it's your call at this point hard to say if we are nearing the bottom but given the drop in 2014
Guess it can move either way but heck no to ripple lol.

Bitcoin will rise back.
And most of Ripple & Stellar are holed by the creator, it will collapse at any time.
Bitcoin can't be killed.
And Ripple & Stellar can be killed.

bitcoin can be killed easily by someone with enough hash. 10% to 15% of network hash could be enough for it. Each time the hashrate drops (which could be any second right now) there's an opportunity to screw it up and make it stuck at high difficulty. It's not as safe as you think.

More likely aliens.

The world is flooded with excess, free storage...
So people are going to "pay" $1,00 for your shitty, crap, hellhole bandwidth... when any data center can deliver same for $0.05?

If "airj" was selling the air in your bathroon, you would be pumping the price on Polo...
Thet's the problem with crypto now... everything is a scam so it's boring unless you are a scammer.

Ripple? Are you kidding me? If I'd quit With bitcoin I wouldn't set my hopes on Ripple. Ripple is a scamcoin, but good luck

Don't go out of bitcoin and co!!
At least stay on bitcointalk and when you are getting more interested in btc and alts again, come back and be active again.
Most time I spend on bitcointalk is just for reading to stay up-to-date.
So do it like me if you dont want to miss something.

Have you already tried to quit bitcoin and co for a longer time? I tried it- but I was thinking about it all the time or I was looking after coinmarketcap almost every day. So to speak Bitcoin and Co became a lovely addiction to me.

I guess you'll miss a thing when you are getting out  ;)




 

Mintcoin

well if this graph its from past year now it dropped to 180 dollars a coin and its rising angain on february to 300 dollars i never quit but its me you guys need to know your money and currencies

so you wanna give up bitcoin and hold on altcoin

do not be silly guy . all the altcoin with the same aim.

for bitcoin

when i read title i think 'how you get inside bitcoin?'  ;D