Bitcoin Forum

wtf i bought at 500 now its 200 i put a lot of effort and time into this and this is how you repay me by inflating my investment bitcoin is shit centralized exchanges centeralized bitcoin foundation

the bitcoin foundation should be abandoned they are useless manipulators of the price this isnt funny this is my life savings here and i dont want you to fuck it up for me its all your fault

im done im finished with this shit its a mugs game bitcoin will fall and there is no asset attached to it fuck you all i bet its those banker mastercard cunts shitting on bitcoin as well

why do you say bitcoin foundation is manipulating the price?

people who manipulate the prices are the guilties, whales and speculators

welcome! :)

You are not the only one. I saw many people like you...who believe a gang. they lost their all their money, house....everything(if you want i can give you the link with a such story) because they were believers...
They believed these morons who are saying "Bitcoin is better than gold, its priceless". they are criminals, thieves and they deserve to be in jail. They ruin lives but they have big mouths on forums....

The gang = the big exchangers (all of them are fishy, unregulated), bitcoin foundation and another few "ventures".

they have a good propaganda by "selling technology" which is a real bubble. they manipulate the price. in short, there are a lot of money on table... :)

Also, they wrap the scam in a nice story. You just have to take a look to their media. everything is gorgeous, company after company is accepting Bitcoin. a lot of users are trading it ( 200K are using Bitcoin) up to 1 mil users overall. So, Bitcoin is far away of being something BIG. It's a tinny shit wrapped in nice words.

http://i0.kym-cdn.com/photos/images/newsfeed/000/001/582/picard-facepalm.jpg

Bitcoiners sound 'investment strategy' in a nutshell.

Dont put all your eggs into one basket my friend.

You blame us because you lost some of your life savings due to a bad investment that you made?

You need to be comfortable with completely losing any money you "invest" in bitcoin. If you are not you're doing it wrong.

It's the cloud miners needing money for electrical bills selling. I heard cointerra was burning $12,000 daily on power. Soon most of them will shut down.

Also scammers & thieves selling, they don't care how much they get when it's stolen for free. Security will improve over time, people will learn to avoid scams.

Meanwhile I bought my first few btc at sub 200 with no effort this week. We hit the floor @ $200, it's all uphill from here!  ;)

fuck you all when my great nan dies I inherit her estate then I will get into the property market and rent houses to other mugs as people need to live, eat, drink, shit, sleep and watch sky fuck bitcoin however... ill still leave my funds in blockchain you never know but for now im out of this shit.

ill max out premium bonds, isas then monthly income accounts fuck this non asset shit

inb4 OP believes this and buys more...then creates a new thread in 5 months pondering suicide.

I swear man, this is better than Dave Chappelle stand-up.

good choice. let others to known about this shit too.

Looks like you've gained some sense.  So in essence, Bitcoin did teach you a valuable lesson.

Open up an IRA for good measure.  Then enjoy your retirement while having all the hair on your head from not having to worry about checking charts every 15 minutes.

>inb4 property market crash

instead of whining take responsability for your own decisions

yeah fuck this at least the property market is guaranteed I'm glad I'm limited on money now otherwise I would probably spend my inheritance on this crap It could even go back to $0.01.

There's too many corrupt idiots about the early adopter phase is over now its just a pump and dump game for the big boys

That's why the smart money rents out their properties.  Recurring income sitting on your ass never gets old.

LOL! property market is not guaranteed, house prices in Ireland dropped up to 80% in some areas in just a couple of years and still nobody is buying them. Rent prices dropped roughly the same as house prices did too and nobody is renting, everyone left the country because there was no jobs. There is no investment that is guaranteed.

if the banks wanted to they could crash bitcoin to 0 in 1 second they have the control its the fiat thats backed by taxes, labourers and government I see the light and my addiction is finally over...

i've been brainwashed by alex jones, andreas antnooctupos and others its time to gain self control

Yeah, take a breath enjoy life, check back next year.

When you make the choice to invest in bitcoin, you should have prepared yourself for any eventuality and analyzed the risk carefully. Don't treat bitcoin as a quick get-rich scheme which pays off in a short time. It doesn't work that way. Look at it long term.

the people are misled. take a look to the bitcoin propaganda and tell me where you see "high risk investment" and "be careful", Bitcoin is very volatile; now it is 600 usd and in 2 days may be 100 usd because a gang wants that or because a black market is closed by FBI and the drug dealers are cashing the Bitcoin.

Welcome to bitcointalk!

No, it's not all our fault. It's all your fault. What were you thinking putting your life savings into something a market cap of only $5 billion? You fucked it up yourself, and until you take some responsibility for your decisions instead of blaming unrelated people, you'll just keep on fucking up until you've lost everything.

Don't let the door hit you on your way out.

*facepalm* all your life savings?
Look, I'm a Poker player. I never play with more than 10% of my bankroll (money I'm willing to "invest") on one table. How this translates to crypto investments, don't invest more than 10% of your bank account or savings. That way you can always buy more to average out, or just get out relatively unharmed. Obviously I don't stick to these rules, I'm a student and money does come and go and I don't have bottomless amounts of it, I've invested up to 1/3 of all my money at times (not much, still 4 digits though). But I'm up on crypto pretty massively and I fucking LOVE the ride.

When you invest don't just go "hurp durp all my savings time to buy", just stop and think. What will I do if it drops by half, will I feel confident enough to buy more to average out, will I get the fear, will I be sat worrying about my money because of this choice? If so then change your fucking numbers (EDIT: to ones you can emotionally handle) jeez. Remember your kinda gambling.

I've been considering getting into stocks and shit because of crypto, but having looked over it - compared to crypto it just seems fucking boring as SHIT. Crypto is just madness and I love it. Let me tell you something, even if Bitcoin fucking goes to $10 I'll still be here playing around, trying to catch the waves. Not to mention all the uses for this technology.

If you've got balls, just fucking hold. We've just been through a big phase of consumer adoption, which caused pretty big mainstream business adoption. What do they do? Sell it straight for fucking fiat. What else do they do? Paste "we accept Bitcoin" all over their walls for all their mainstream customers to see. We may have another big consumer adoption phase coming. But hey I could be totally wrong, but this is what I assume.

Don't just dump your money in it and hold anyway that's boring, play around. Daytrade a little... Buy some off exchanges and sell for more (or to cover your daytrade losses) on LocalBitcoins (watch out for scammers, there's risk in that of course).

Just get involved and enjoy it. Take every piece of hype and shit with a piece of salt. And if you're not having fun, psh. Maybe you're playing the wrong game.

What am I doing posting in this section of the forum anyway goddam...
I must be drunk.

No one have obligated you to buy bitcoin , it was your personal decision/choice. However in a long term we will be victorious don't worry.

I'm assuming he took his loss..
So we'll probably be the ones celebrating on his panic sell.

So can you tell me who are the smart guys, and what can make this situation to clear up. bitcoin community is desperate for anything to make this work. But it just keeps falling.

I don't think , maybe you are right... he was the ones of first that "dump " http://vignette3.wikia.nocookie.net/nonciclopedia/images/1/13/Asd.gif/revision/latest?cb=20071018154810. Don't feed the troll...

and the banks would crash bitcoin how exactly?
they would need to make me rich first by buying bitcoins to the moon to get any reasonable stake at this game.

Nobody told you invest in Bitcoin at first place and it was your decision , so only YOU are responsible for your deeds.
Same could have happened if you had invested in any stock , so rather than blaming everyone , get your s*it straight.

No, they would not need to make you rich.  Other than the obvious (illegalizing it & watching the price tank), think of all the nearly bankrupt megamines  that could be bought for a nominal fee, to fork Bitcoin into irrelevancy :)

You tried to become rich overnight and this is what happens when you try that.
The poor stays poor unless you have a lot of luck, guess what, you are shit out of luck.

Troll. Pretty much all newbie posts here are trolls trying to get a rise out of those gullible enough to think what they are reading is for real.

It's so funny when you read the so called Bitcoin capitalization : over 2,5 billions USD not 5... be correct :)

Capitalization means that 2.5 billions USD really exists "somewhere". That many people came with their fiat currency and they bought Bitcoin shares lol .

Where are the money? Of course, they do not exist at a such level (2,5 billions) and they will never exist.

The share price is in relation to earnings and net assets that determines the price if a stock is over or undervalued. Shares represent a fraction of ownership in a business. Now, is BTC like any other commodity
or is it a company? If it is a company.... then each people who buy 1 BTC is shareholder and it must earn a part of the BTC profit. where is the "profit" ? :)

Shares represent a fraction of ownership in a business.  

You see how stupid is this system?

OK. You will tell that BTC is a currency. A currency is regulated by a central authority in order to prevent any scams/abuses. Who does regulate Bitcoin, exchangers in order to protect the people? :)

Unless the person is for real and truly did put in their life saving and is now so distraught over the situation that they're hopped up on prescription drugs and elbow deep in a bottle of booze venting their heart out on here. This isn't a good place for therapy. :D

The first question is, why have you put your life savings into bitcoin? If you're not so sure about a thing, then never take part in it. I don't know why there are so many newbies attributing the price drop to the bitcoin foundation. Have you tried asking the whales and the real manipulators?

You've done your part for Bitcoin. Bitcoin needs suckers like you to keep going. It's zero-sum; for every win, there is a loser. Bitcoin needs a continuous supply of losers pouring in money and losing it. You're one of them.

Thank you for your service.

I'd venture to say that lots of newcomers come here and invest because they have seen what kind of rallies bitcoin can have and that by waiting for a better price, one can miss the boat. It really does take time for someone to get seasoned in this new frontier territory to get a better handle on things much like those pioneering into western lands entering the great unknown back when. It's easy for those of us that have been here or in the community for a long time and have learned certain things to laugh and/or ridicule the newer folks that buy at an absurd level and while stating the truth or the obvious, all we're doing is putting a bad taste in their mouths. The healthy thing is to help them understand how things work so they can become a stronger and more confident trader/holder or whatever, not badmouth or getting joy out of the bitcoin diaries of said people. just sayin

I bought at £8.70 and spent them all so...

You missed the key point about Bitcoin - it is not a get quick rich scheme.
You were not supposed to invest your life saving; you were supposed to invest only what you could afford to lose.
You have to be patient and if you are lucky, Bitcoin might just rebound.