Bitcoin Forum

Worst performing instrument  of this year.

Congratulations.

thank you and start learning here  :) :

https://www.youtube.com/watch?v=O0oDDIy0P2s

lol. I'm not new to this.
I hold this far too long already. I am just looking for the exit.
Please hurry up drawing in more fools so i can sell at break-even

I will not argue with that.
I will leave that to the Bitcoin fanatics.

I will say that, that is a very interesting username.
Very true as well.

May I ask what it was that opened your eyes?

Ask the people who bought Bitcoin in 2009.

I've said enough.

Someone knowing a latin saying ;)
After being interested in crypto and altcoins for a year i had to choose this username as most appropriate for these realms.

My eyes were opened by red candles all year. At one point a person needs to start asking questions and draw own conclusions based on the numbers.

Indeed it is  ;)

And, finally someone with some sense  ;)

Nice meeting you mate  :)

Do expect the Bitcoin fanatics to bash your thread/comments though.....
I am sure you are probably used to it by now  ;)

I actually started fanatic with bitcoin. when there is a program or a new online shopping,
I wish them all the support for bitcoin :)

http://24.media.tumblr.com/tumblr_md66maSQg61qhz3hpo1_500.gif

forex ... ? http://www.amf-france.org/Epargne-Info-Service/Forex-l-AMF-se-mobilise/Un-marche-ou-l-on-perd-a-tous-les-coups-ou-presque.html

9 customers of 10 (15 000 study users) ... have loose money from 2009 to 2012.

Bitcoin ?

2012: 9 USD
2013 : 97 USD
2014 : 397 USD

Yeah, you loose ... trust this  :D

http://media.tumblr.com/tumblr_lant1nSTxE1qzg114o1_500.png

You might have to invest bitcoins into some business.  You will gain more of them or lose some of them. By just holding you always have the same number.

very normal

This forum is a brainwashing commercial cult sometimes.

More and more people start to see that and i am happy they don't ban free speech on that matter (yet).

That's what a free market does it goes up and down not just strait up.

Hahaha your name. Please don't leave, you'll never break even if you leave now. And you'll miss being involved in it, be honest.

miss seeing one altcoin after the next loose 99% of value denominated in a coin which itself was the worst investement of the year? You must be kidding. I am very happy when i can cut this useless crap out of my life for good.
I am really just looking for  a bit of a bullish movement to unload my coins and will be gone then, promise.

Well in that case maybe you got in just for the £. Isn't the prospect of btc going global *properly* exciting to you?

i don't believe in it - i once did. Not now. I think it's likely going to fail if we don't see a strong increase in price and demand soon.  

So, no. I'll never 'get excited' again about an investement because that's a mistake to do because it takes away your ability of critical thinking. Too many people too excited in here. Rule #1 : never get excited

so no, i'm not excited. Especially since this shitcoin is perverted anyways. It's central and normal people can't mine it now so this whole idea is a joke.

I do see the potential this whole bitcoin thing can backfire very badly.

It's not what it should or could be. And the priceactions sucks too. I want out but not at a loss.

Absolutely not excited anymore.

He blames bitcoin for buying in a bubble. Congratulations!

Bitcoin is my best 3 year investment ever.

See ya!

What if we see a strong increase in price soon? Would you still leave? How soon is soon enough for u? What would it take to get you excited again? Also, If it goes up significantly, normal people will be able to mine again.
Thing is, btc shouldn't be just an "investment", it's a lot more than that. It's a shame it's not looking good right now, trust me most of of us feel bazoonked too at the moment and maybe some would consider forgetting all about it if we had an easy out i.e. at least breaking even. Having said that, everyone is still here. But some are under a lot of pressure from partners, family, etc, for losing money. So I can totally understand how you feel.

Exit is in my sig. I will take what you have. Thank you.

worst over 12 months, best over 13 months..  sucker

you gonna kidding me  :o

I never thought that ever happen

But know bitcoin had overcome the US dollar and soon will reach poundsterling  8) .....who knows  :D

Bitcoin = Fastest growing investment?

I like how you cherry pick values from those years, 2013 it hit $1250

Yes, it's the one of worst investment of 2014, but for 2015, who knows.

You will miss the REAL bull market that will arrive sometimes  in 2015-2017

No, the real bullmarket comes in 2277 and one in 2532 ... if bitcoin would still be around then but it won't. What's in 2017? Price rise? Really? How do you know that now? What makes you so sure? You can predict the future? Do you have a cristal ball? Why does price rise then and not now? Who will buy the expenisve coins? Santa Claus? Please share the insights of your crystal ball with us.


Dude, it doesn't rise now - it won't rise later

I'm so sad that BTC price is down, this year is the worst investment of bitcoin for me, I invested in July and now I only have two third of my initial investment.

Join the club, brother

No ... MT. Gox have botted the value AT this level.
you can't even buy or sell at this level ... except if you have a "PASS" for trading with Mt. gox API.  ::)

I only use "average" price (more than 1 week).

peak for 2 minutes is useless in the network (like trading).

2014 = Bitcoin = Fastest declining investment.

FTFY

Yep. This is the way I look at it. Bitcoin may have performed poorly in fiat value terms this year, but I think it's gone from strength to strength in every other aspect and I'm looking at the long term value of bitcoin not the short term.

Yep, it was Jan/Feb for me. Total disaster.

And heres how you shut the fanatics up,

So you love bitcoin, you say it will hit thousands of dollars, you say just wait it will get better, you say this is just another bubble as usual, BUT do you really believe that to be true if I hve agreat bargain for all of you fanatic false hope posters. ANd not before you say anything I did not buy these coins I mined them :) bSO I am not a stupid bubble buyer haha so get that outas your mind now, I just pulled a price out of thin air actually :) Heres you chance to back those checks up you write with those false hope posts, I have 22 bitcoins I will sell you for 830 dollars each. If you are a true fanatic and believe it will actually hit 1000 dollars again or even more than 1000 dollars you should have no problem buying my 22 offered bitcoins @ 830 dollars each right, Where are my takers? Awww come on guys dont be scared back up your false hope posts with a  little actions, buy now while I'm selling it low right ? I dont  want to hear your false hope advice I want you to show me how serious you are about your hopes and beliefs in bitcoin. Actions speak louder than words, show us some action now 830 USD per coin 22 coins who wants them?

If you bought in 2012 it is not the worst, news fuckers.

But I'm guessing most of us here didn't buy in 2012. It's mostly the greedy newcommers who complain anyway because they only got in to get rich quick but that hasn't happened. I feel bad for you if you believe in bitcoin and invested because of it, but all you can do is keep believing and keep holding.

I can buy 22 at $320 each. No wonder you're an awful investor. Lol

Bitcoin is not an investment instrument, it's a social experiment.

Congrats on worst thread of this year.

Oh another "I didn't get rich quick"- dissatisfied "investor"

We won't miss you.

2015 will be huge for bitcoin and certain alts
of this I am certain

We'll see in 2015 that it is going to be a really good investment

probably because bitcoin isn't an investment...

I think it will be a very good one in the next year

It would of been terrible investment for 2014 considering the numbers. Although I don't think of it as an investment. Also I think we will see a rise in 2015.

You have to give it time. Bitcoin didn't rise from $1 to $1200 overnight. It took years and it won't rise from $300 to $5k overnight. It'll take years. I think it's a great investment for long term BUT most people can't see that far.

Main reason price is suffering is because we have attracted too many day traders and short time investors since last October. They invest 100k and they're out when they've turned it into 150k leaving the market to suffer. There are millions of them in crypto + bitcoin. They need to leave.

Yeah, it's been very bad. Fact is a fact.

Traders are not the reason the price is 320$. The price is 320$ because the technology is great and Bitcoin will grow. Traders provide liquidity and help find the correct price faster

This guy gets it. Traders aren't hurting anyone. Anti-bitcoin policies from Chinese dictators and scams lime Gox did the damage last year. That's over now and it's time to move on. $300 coins means it's buy and hold time.

OP is just yet another butthurt getrichquick failure nobody.

OP created this thread to show everyone how butthurt he is  :'(

Lol, well as butthurt as he may or may not be there is some truth to it as bitcoin's value hasn't performed very well, but I am sure there are plenty of things that have performed worse around the world - some bankrupt companies or failed investments etc,

If Bitcoin's price is stable in 2015 then goes up in 2016 it will be good enough ;) Let's wait for 2020 to see it was a good short-medium term investment.

Problem is that presently Bitcoin is coming out of a bubble, just like gold and silver. BC, gold and silver would've been great investments to buy in years ago, but now the price needs to drop to a sustainable and accurate market price. Only then will it continue its rise again, excepting some kind of economic catastrophe or the like. The question, as always, is where the actual price of bitcoin lies, or will lie.

You know who really made out in all of this?  People who invested their coins in one of those bitcoin scams you see in the securities section of this forum.
Their coins might be gone, but now that the coins they got robbed of aren't worth much anyhow, imagine how much better they feel about it!

Like I said I did not buy the coins I mined them. the post is to show you fanatics you do not trust what you say. its all a bunch of hope,. If what the "believers" say was something worth value then you all would be happy to buy my coins at 830 USD.

as far as calling me an awfull investor, I did not buy the coins i mined them so what makes me a smart investor is the fact I wont sell them at 320 dollars. Hmmm how the tables turned on you huh.


Ok if you are so certain buy my 22 BTC @ 830a coin then, show us how certain you are about 2015.

If you are so certain it will fail and decrease more ill buy your 22 coins at 100 dollars each.  After all you mined them.  If you were a true believer that bitcoin is a terrible investment and will continue to decline in value, then you will sell them at $100 dollars each.

Oh wait, you don't believe, your full of shit, your a hypocrite for not taking my deal.  Why don't you make the deal? 

We had a high price for two months then a correction that brought us higher than a year before. 3600 new BTC are mined everyday and miners sell a lot of them because of the high maintenance costs due to the relative low price and high difficulty.

Let's all hope that this situation reverses in 2015
I personally think the truth in 2015 will be somewhere in between - which still hopefully means a decent rebound

That's bitcoiner logic.
A normal person (looking to profit) wouldn't sell for $100 when he could just as easily sell for $300.  Because math.

Let's hope so, I am a bit supprised that russias inflation hasn't affected btc as much as I would have thought

Too much supply and not enough demand at this point. When bitcoin had more of a shady reputation and was more difficult to purchase, the value was much higher. I think if bitcoin continues to move from a commodity to a currency, the price will continue to go down to balance out with other world currencies. If you can get a bitcoin as easy as you can a dollar or a euro, why would a bitcoin be worth 300x a dollar? Personally, I like bitcoin more as a commodity and a store of value than a traditional currency.

haha. What is this a charity? You are in the running for dumbest post in the thread

I think we will have to compare the total number of dollars in circulation and the total number of bitcoins in circulation. The cap of 21 million will drive the exchange rate, once Bitcoin truly becomes a currency.

Bitcoin isn't going to go up again without an actual Use Value.  We know how to use Bitcoins to permanently upload files to the blockchain, and if we let the world know how to do this it would start driving up the value of Bitcoin immediately.  Why aren't we doing it then?

Because people have hopes of BTC going really up in value and spending it in Anything is already a risk. Bitcoin feels like Gold, it doesnt feel like worthless dollars, so you double think spending anything with it.

Bitcoin seems very valuable and I won't be surprised when the price goes up to 5000$ 10 000$ and even 20 000$ in less than 10 years; it will great and exciting but not surprising.

Hes a noob, i dont care if he sells now and lost his money.

A lot of people who bought at 700$ and more were hoping to make a quick profit; they are very disappointed so they are very pessimistic about Bitcoin when the drop in price is only temporary.

So which part of 2014 or of the year are so hard for you bullts to understand?

Sometimes I wish the price of Bitcoin would stay that low for the next years, so a lot of this speculators would have to sell and would loss money.

The "of the year" part. The fiscal year is not the same as the calendar year in all jurisdictions. In particular, in Australia, New Zealand, Egypt, and Pakistan, the fiscal year starts on the previous July, which makes Bitcoin the best investment in 2014. It's not looking so good for 2015, but it might turn around before the end of June, so who knows?

The point is that arbitrary dates are meaningless without context. The price hit an all-time-high at the end of November 2013 and has been falling ever since, so if you pick the following January as the start of the year, of course it's going to look bad. But not everybody cares about January, or any other arbitrary date for that matter; I certainly don't.

We see too many people using November and December as the only and absolute reference point like Bitcoin started trading at 800$-1100$ when the price has only been that high for a few weeks in total.