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Bitcoin => Bitcoin Discussion => Topic started by: silverfuture on January 17, 2015, 12:25:58 PM



Title: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 17, 2015, 12:25:58 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Sage on January 17, 2015, 01:20:12 PM
Yet another sign we are close to the time to be buying like crazy.



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Net5kY on January 17, 2015, 01:24:26 PM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: marcotheminer on January 17, 2015, 01:24:57 PM
You'll change your mind soon.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: tokeweed on January 17, 2015, 01:26:17 PM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..

sometimes when people lose money in something, they tend to want that something to fail once they got out with a loss.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: michaeladair on January 17, 2015, 01:29:17 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)
The obituarty was made as a joke because someone wanted to display all the fud in media that kept saying bitcoin was going to fail. It hasn't done so yet, and it most likely never will.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 17, 2015, 01:51:15 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)
The obituarty was made as a joke because someone wanted to display all the fud in media that kept saying bitcoin was going to fail. It hasn't done so yet, and it most likely never will.

I'm sure OP is aware of that.

He made this post as a joke, don't take it literally.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: michaeladair on January 17, 2015, 01:53:11 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)
The obituarty was made as a joke because someone wanted to display all the fud in media that kept saying bitcoin was going to fail. It hasn't done so yet, and it most likely never will.

I'm sure OP is aware of that.

He made this post as a joke, don't take it literally.
Now that I look at it, I think he made this post just to get his daily post in. He's farming activity, he has 580 posts and 580 activity.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: s1ng on January 17, 2015, 01:58:29 PM
Bitcoin just get lower for now.

Yet another sign we are close to the time to be buying like crazy.


I think this is the time.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 17, 2015, 01:59:27 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)
The obituarty was made as a joke because someone wanted to display all the fud in media that kept saying bitcoin was going to fail. It hasn't done so yet, and it most likely never will.

I'm sure OP is aware of that.

He made this post as a joke, don't take it literally.
Now that I look at it, I think he made this post just to get his daily post in. He's farming activity, he has 580 posts and 580 activity.

What can I say? I'm a farmer of men.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Q7 on January 17, 2015, 02:53:00 PM
The message is clear. You can call it dead but it's far far from that.
OP just want to get attention and state the point. ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pissedoff on January 17, 2015, 02:54:41 PM
These threads are just funny to read....how immature people are.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bryansamba on January 17, 2015, 02:57:13 PM
today you out
but when you sleep you will dreaming about bitcoin
and after wakeup you will IN again :D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Lethn on January 17, 2015, 02:58:05 PM
Saw that posted elsewhere, that website is brilliant, I think we do need to keep a record of how many times the news journalist were and still are wrong about Bitcoin.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: irfan_pak10 on January 17, 2015, 04:21:39 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Triffin on January 17, 2015, 04:26:27 PM
People can send their Black money any where with out being located.

Two words .. Public Ledger

Triff ..


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: MichaelBliss on January 17, 2015, 04:28:21 PM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..

There's enough of these posts that it's a bit suspicious!  Are these people really "packing it in" and making public announcements for some reason, maybe unconsciously imitating the FUDsters...or are they conciously imitating the FUDsters?

I could see it if there was some issue with the network, or the blockchain, etc.   But everything is working fine, so what is the problem?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: QuestionAuthority on January 17, 2015, 05:18:03 PM
https://c1.staticflickr.com/3/2423/3634064892_3be61da8ed.jpg

http://3.bp.blogspot.com/-N4p5r7s9P2U/UYS-lUeY0tI/AAAAAAAAAVA/ha3rMHX_C4Y/s1600/0718hippies.jpg

http://www.humanreligions.info/files/2011_False_Alarm_My_Bad.jpg


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mayax on January 17, 2015, 05:49:33 PM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..

what is Bitcoin if not a speculation itself?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mayax on January 17, 2015, 05:51:05 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: 50ouncebrew on January 17, 2015, 06:07:30 PM
The Worll is ending  8)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dmugetsu on January 17, 2015, 06:09:44 PM
Rumors everywhere

We'll see in few months what fate of bitcoin is


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 17, 2015, 06:50:06 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mayax on January 17, 2015, 06:58:31 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


yes:   https://alkhilafaharidat.wordpress.com/


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: farlack on January 17, 2015, 07:15:16 PM
Everyone has their price. Some feel the price is to high. That doesn't mean it will fail... Think about how many can't afford to get involved. If the price drops further that "I wish I could have bought at this price" comes along and people like myself will gobble up.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 17, 2015, 08:59:06 PM
Being an extremely early adopter and having sold lots at the peak of the last bubble, I have been feeling good and have decided to start filling up with premium gasoline at the pump lately. Eat it bitches!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: seriouscoin on January 17, 2015, 11:51:26 PM
ftp://
Being an extremely early adopter and having sold lots at the peak of the last bubble, I have been feeling good and have decided to start filling up with premium gasoline at the pump lately. Eat it bitches!

so are you a millionaire ?  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: alamanjani on January 18, 2015, 12:00:40 AM
Yet another sign we are close to the time to be buying like crazy.

True.
Markets tend to go further than anyone expect it is possible.
Markets tend to go into extreme.
This too shall pass.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Gleb Gamow on January 18, 2015, 12:04:01 AM
ftp://
Being an extremely early adopter and having sold lots at the peak of the last bubble, I have been feeling good and have decided to start filling up with premium gasoline at the pump lately. Eat it bitches!

so are you a millionaire ?  ;D

My guess is that premium petro is now affordable.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: tokeweed on January 18, 2015, 12:06:25 AM
ftp://
Being an extremely early adopter and having sold lots at the peak of the last bubble, I have been feeling good and have decided to start filling up with premium gasoline at the pump lately. Eat it bitches!

so are you a millionaire ?  ;D

yes he is.  lot's of FU money behind that talk i bet.  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: hack_ on January 18, 2015, 12:46:28 AM
cool, be sure to drop off your btc on my buy orders


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: grendel25 on January 18, 2015, 04:35:57 AM
And apparently it's been confirmed 35 times lol.  As long as people trade/spend it then it's... ALIVE!!  That's what I love about this forum and about bitcoin.   It's fun to try and accumulate it and it's just as fun to peruse the goods for sale in various forums.  Never a dull moment and frequently some really good deals if you can avoid the scams and scammers.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Chef Ramsay on January 18, 2015, 05:13:14 AM
I feel bad for anyone fleeing the scene at this time thinking the show is over, on the contrary. All you're doing is setting yourself up for hating life even worse when the next wave gets nasty and you're left alone in the dark and in your room all by yourself eating doritos for dinner cuz you can't afford lobster on a daily basis. This smoking gun hasn't even shown itself yet and certainly hasn't given you a taste at what the future will offer. If you have a vision of the future, you'd be holding or backing the truck up and purchasing like there's no tomorrow and/or planning on doing so. The next wave will be super silly and nasty on the bullish side and all these upcoming and current btc conferences are showcasing what you have to look forward to as the price recorrects to where most of us know it will be. It's easy to want to take a crap and sellout but that's the worst thing you could do and you'll live the rest of your life looking back on this failure to have what you need when the time was right. Don't be stupid and ruin your future by giving up hope when we're so close to moving forward. You gotta have a steel framed stomach lining to make it to the next level. This isn't for the faint of heart yet, if you bail your heart won't do so well watching the rest of us get payed and living the good life from then on in. So many people are soft these days, but if you had to lead the lives of the founders of the USA and pledge your life, liberty and sacred honor this downtrend would be a cake walk and even better, you'd make it out on the other side a magnet for good looking women - that's right I said plural. I'm plural in a bear market down trend so you do the math.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: redwraith on January 18, 2015, 06:19:05 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

WEAK SAUCE


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 18, 2015, 10:37:45 AM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


yes:   https://alkhilafaharidat.wordpress.com/

Can't see it... Can you copy/paste the relevant part?
Also, if these are 'real facts' I'm sure you can find any more serious source than wordpress blog?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: yobloggs on January 18, 2015, 10:39:18 AM
Is there not some site that basically is just a list of bitcoin is dead articles  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Jamie_Boulder on January 18, 2015, 10:43:01 AM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.
This has been achieved through fiat for tens and tens of years before Bitcoin.....


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: chronicsky on January 18, 2015, 11:05:39 AM
This ain't ending man!
you can call this the silence before a storm , no biggie , the price is down now , but it ain't ending
not now , not any time soon
just hold on to your coins
if you don't want them
am buying.
PM me


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Tdowns on January 18, 2015, 11:09:07 AM
One more bites the dust.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Dread Pirate Roberts on January 18, 2015, 11:29:48 AM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

i think thats not colleral between terroris and bitcoin ..
not to hard like that


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: irfan_pak10 on January 18, 2015, 01:29:50 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


yes:   https://alkhilafaharidat.wordpress.com/

Can't see it... Can you copy/paste the relevant part?
Also, if these are 'real facts' I'm sure you can find any more serious source than wordpress blog?

Well see here: http://www.sitepronews.com/2014/10/06/bitcoin-used-fund-terrorism/

Secindly: http://www.zerohedge.com/news/2014-05-07/department-defense-study-bitcoin-terrorist-threat

It might be helpful for you.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: fenican on January 18, 2015, 01:36:56 PM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Flashman on January 18, 2015, 03:07:43 PM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.

Yeah, but that's years away, my trusty old 286 tells me it's only 1915


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: QuestionAuthority on January 18, 2015, 03:11:56 PM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.

Yeah, but that's years away, my trusty old 286 tells me it's only 1915

I didn't know you were an old fart. The next question you'll get is, "what's a 286"?

http://cdn.cpu-world.com/CPUs/80286/S_AMD-CG80286-8.jpg


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bitcoinpro on January 18, 2015, 03:16:56 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

slams door "and stay out"

starts walking away

hears a pathetic knocking


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: tokeweed on January 18, 2015, 03:19:09 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

slams door "and stay out"

starts walking away

hears a pathetic knocking

when it starts going up

fyp.

can't blame them really.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: GigaBit on January 18, 2015, 03:45:11 PM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..

It is people who have failed to turn a profit who cannot fathom their own failures, taking it out on everyone else.

Since they don't make a profit, they think the means will die without understanding that... the world doesn't revolve around them.

Same "phenomenon" in Gold Mining...

Failures who think they're winners keep failing and blaming others for their failures.

I used to find it hilarious, now it's just sad...


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: peligro on January 18, 2015, 03:46:44 PM
You will regret soon. You should have been buying now instead.
Don't feel bad later when you see all the gains you could have made.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 18, 2015, 03:50:14 PM
I'm on bended knees asking bitcoin to take me back. I'm sorry bitcoin, I lost my way and it won't happen again.

I'm not a millionaire but I am rich with the things that matter like good food, clean water, and healthy relationships (and can still afford premium fuel).


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: OhYes! on January 18, 2015, 03:59:27 PM
People are so tired of banks, keep it going and believing in it!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: 1Referee on January 18, 2015, 04:08:24 PM
Don't let your emotions take over.

I'm sure once the price is rising to +$400 he will be back faster than some people can fart.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 18, 2015, 04:15:09 PM
I'm on bended knees asking bitcoin to take me back. I'm sorry bitcoin, I lost my way and it won't happen again.

I'm not a millionaire but I am rich with the things that matter like good food, clean water, and healthy relationships (and can still afford premium fuel).


And if you're feeling down you can always watch that opening doge scene again :) Eye opening how many  have commented without checking the OP.

Haha. I know right? ;)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Flashman on January 18, 2015, 04:18:17 PM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.

Yeah, but that's years away, my trusty old 286 tells me it's only 1915

I didn't know you were an old fart. The next question you'll get is, "what's a 286"?

http://cdn.cpu-world.com/CPUs/80286/S_AMD-CG80286-8.jpg

Hey, less of the old. Back when I thought I could make a fortune from patching the millennium bug, a 286 machine was the only guinea pig I could find that actually had it. Even by then it was 3 generations old, and most of the world was on Win95/Pentiums. Anyway, patch was so unbelievably trivial, and actual number of affected machines still likely to be in service at end of 1999 so small, that I abandoned that endeavour.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: freequant on January 18, 2015, 04:38:36 PM
+
--------------------------
+
|
Here lies Bitcoin
|
|
|
|
2009
-
2010
|
|
2011
|
|
2012
|
|
2013
|
|
2014
|
|
2015
|
|
|
|
***
|
|
RestIn Peace
|
+
--------------------------
+


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: QuestionAuthority on January 18, 2015, 04:40:29 PM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.

Yeah, but that's years away, my trusty old 286 tells me it's only 1915

I didn't know you were an old fart. The next question you'll get is, "what's a 286"?

http://cdn.cpu-world.com/CPUs/80286/S_AMD-CG80286-8.jpg

Hey, less of the old. Back when I thought I could make a fortune from patching the millennium bug, a 286 machine was the only guinea pig I could find that actually had it. Even by then it was 3 generations old, and most of the world was on Win95/Pentiums. Anyway, patch was so unbelievably trivial, and actual number of affected machines still likely to be in service at end of 1999 so small, that I abandoned that endeavour.


That's good. I'm glad you're not old. Old people are so dumb and refuse to accept new technology. That's why I promised myself on my 60th birthday I'd never have a friend over 40. lol


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bitmore on January 19, 2015, 12:51:48 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Sooo,,, coward with no balls who bails and bears,,,, or Hodler who takes the risk?  

I would rather at least say I tried and failed than to have chickened out, bailed and then tried to pull others down with me.

I guess time will tell who exactly who is the lemming following the herd over the edge of the cliff to their demise, and who was the winner.

You bought the ticket, you take your chances... And this story is FAR from over...

"Geronimo....YEEE HAAAAAA!!!!!!"


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: 50ouncebrew on January 19, 2015, 02:04:45 AM
goes 0 to a hunna rl quick  ;)  :-*


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cbeast on January 19, 2015, 03:31:18 AM
Fine to speculate but make sure you get out by 2012. Mayan calendar confirms the world will end.

Yeah, but that's years away, my trusty old 286 tells me it's only 1915

I didn't know you were an old fart. The next question you'll get is, "what's a 286"?

http://cdn.cpu-world.com/CPUs/80286/S_AMD-CG80286-8.jpg
I had a 8088 Bridge Board if anyone knows what that was.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: ikydesu on January 19, 2015, 04:35:52 AM
Ehh, I dont understand why people write "bitcoin will fall", "this is end" etc. If you dont want just dont invest into it, thats all. Dont spam bilion times with the same speculations..

Maybe its a such as impingement :-\
Their spend so much money and much time for rich with bitcoin.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: smoothie on January 19, 2015, 04:37:43 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

quoted for future reference.  :)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: A.F.K on January 19, 2015, 04:44:49 AM
I don't understand why bitcoiners watch the price so much.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Ingatqhvq on January 19, 2015, 05:01:59 AM
I don't understand why bitcoiners watch the price so much.
Price is everything at this moment.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: zavtra on January 19, 2015, 06:17:25 AM
I don't understand why bitcoiners watch the price so much.

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sgk on January 19, 2015, 06:39:53 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

I see your point and sarcasm. And I am with you on this one.

People keep talking about how Bitcoin prices have crashed to all-time lo and Bitcoin is doomed to fail, but it always finds a way to reach new heights like a Phoenix.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Mellnik on January 19, 2015, 06:41:32 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

I see your point and sarcasm. And I am with you on this one.

People keep talking about how Bitcoin prices have crashed to all-time lo and Bitcoin is doomed to fail, but it always finds a way to reach new heights like a Phoenix.

Rise like a Penis Conchita Wurst.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Chef Ramsay on January 19, 2015, 06:42:09 AM
I don't understand why bitcoiners watch the price so much.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.
I don't understand why bitcoiners watch the price so much.
Price is everything at this moment.
Oh, dear zavtra, thank you for your presence but i hope you sleep well at night and not puke. Your thesis was awful and I do mean that. Nobody is here pushing a penny stock, most of us have a net worth far above that. ok fine.

In regards to businesses accepting BTC, if you're not still in the dark ages you'd realize how far BTC has come and where it is accepted. List them for me is your next homework assignment. ty

Oh lord, Russia is constantly proving it hard for citizens to buy bitcoin at reliable places and furthermore to hold which is why this talk about them is materializing. It ain't banned as u know.

And there you go like some luddite talking about that which you do not know. Crap, you brought a freaking VCR into your argument. And to complete the line, don't ever talk about Bitcoin with dogeshit ever again in the same sentence if you expect to be taken serious anywhere near this watering hole.
And upon further reading, this was the most useless to reply to so I'm sorry to have done this:
What an interesting point from the river separating North Korea from China. This OP has went off the rails and quit like he should have. Yay!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: zavtra on January 19, 2015, 06:59:02 AM
In regards to businesses accepting BTC, if you're not still in the dark ages you'd realize how far BTC has come and where it is accepted. List them for me is your next homework assignment. ty

Oh lord, Russia is constantly proving it hard for citizens to buy bitcoin at reliable places and furthermore to hold which is why this talk about them is materializing. It ain't banned as u know.

And there you go like some luddite talking about that which you do not know. Crap, you brought a freaking VCR into your argument. And to complete the line, don't ever talk about Bitcoin with dogeshit ever again in the same sentence if you expect to be taken serious anywhere near this watering hole.

Looks like I hit a nerve. Bitcoin and dogecoin are exactly the fucking same. Perhaps less businesses accept Dogecoin, but until the infrastructure is in place for the majority of cryptocurrencies to be accepted, they're all shit. To call me a Luddite is ridiculous. Bitcoin, as are all cryptocurrencies, is a technology. And to think that the very first cryptocurrency made is going to be the one that succeeds, even in the medium to long run, is just silly.

We are in times of abundance now. The dollar is extremely strong and it's not going anywhere. It would take a literal disaster scenario for Bitcoin to really recover. Keep in mind that the majority of the free world has heard of bitcoin by this point. There is no more 'going viral' for it. Those bubble stages are GONE. They are over. And yes, many businesses are accepting Bitcoin, but what to do they do as soon as they get it? They cash out. Not only does this increase pressure on driving the price down, but it exhibits Bitcoin's poor viability. They don't keep their assets in Bitcoin, and they can't because the price is so damn volatile, and it always has been. By the time any cryptocurrency takes off, it won't even be Bitcoin that succeeds. Keep in mind that the exponential take off in quantum computing strength over the next few years will render Bitcoin's wallet public key protocols invalid.

Let go of your earthly attachments to your beloved digital tokens.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cbeast on January 19, 2015, 07:04:35 AM
In regards to businesses accepting BTC, if you're not still in the dark ages you'd realize how far BTC has come and where it is accepted. List them for me is your next homework assignment. ty

Oh lord, Russia is constantly proving it hard for citizens to buy bitcoin at reliable places and furthermore to hold which is why this talk about them is materializing. It ain't banned as u know.

And there you go like some luddite talking about that which you do not know. Crap, you brought a freaking VCR into your argument. And to complete the line, don't ever talk about Bitcoin with dogeshit ever again in the same sentence if you expect to be taken serious anywhere near this watering hole.

Looks like I hit a nerve. Bitcoin and dogecoin are exactly the fucking same. Perhaps less businesses accept Dogecoin, but until the infrastructure is in place for the majority of cryptocurrencies to be accepted, they're all shit. To call me a Luddite is ridiculous. Bitcoin, as are all cryptocurrencies, is a technology. And to think that the very first cryptocurrency made is going to be the one that succeeds, even in the medium to long run, is just silly.

We are in times of abundance now. The dollar is extremely strong and it's not going anywhere. It would take a literal disaster scenario for Bitcoin to really recover. Keep in mind that the majority of the free world has heard of bitcoin by this point. There is no more 'going viral' for it. Those bubble stages are GONE. They are over. And yes, many businesses are accepting Bitcoin, but what to do they do as soon as they get it? They cash out. Not only does this increase pressure on driving the price down, but it exhibits Bitcoin's poor viability. They don't keep their assets in Bitcoin, and they can't because the price is so damn volatile, and it always has been. By the time any cryptocurrency takes off, it won't even be Bitcoin that succeeds. Keep in mind that the exponential take off in quantum computing strength over the next few years will render Bitcoin's wallet public key protocols invalid.

Let go of your earthly attachments to your beloved digital tokens.
Embrace the American Empire or die! Muhuhahaha!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: BitProdigy on January 19, 2015, 07:05:54 AM

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.

As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.

The value I perceive in bitcoin is not measured by it's price. Also, this not an industry, this is a new form of currency. If you are looking at bitcoin as a way to make a living then maybe you've got an incorrect perspective. Bitcoin is an innovation of the way money works. We are only 6 years in, if you told me in 2011 when I first heard of bitcoin that it would trading for $197 in the year 2015 I wouldn't have believed you. When bitcoin was at $3, what we have now seemed utterly impossible.

If I could somehow erase my memory of bitcoin soaring to $1200 and just new that from 2011 when I first heard of bitcoin it went from utter obscurity and trading at $3 to approved by the US Government as a viable currency, acceptance on Overstock.com NewEgg.com Dell.com TigerDirect.com Microsoft and Paypal and trading at $197, i'd say HOLY COW bitcoin has really made a lot of progress in just 4 years!

If you first heard about bitcoin when it was selling at $1200, then all you have ever experienced is a slow decline in price. In reality, the price has risen tremendously in 4 years. It's gone from $3 to $197 and people are complaining that it no longer has any merit!?

The merit of bitcoin is in it's utility. The infrastructure still works, transactions are still able to be made, value is still able to be stored, central authority is still unnecessary. All of the merit of bitcoin is still intact. 10 years from now all of the merit of bitcoin will still be intact. 20 years from now all of the merit of bitcoin will still be intact. 50 years from now all of the merit of bitcoin will still be intact. What do you think it's just going to disappear? We have invented a superior monetary system and we are all just going to pretend that we didn't?

Of course it will take time to catch on, just as the internet did. My parent didn't get the internet until it was on their phones for christ sake. Six years after the internet was invented it seemed pretty bleak too, but give it time. Six years is not even giving it a chance to succeed. If after 20 years bitcoin hasn't caught on then maybe you're right, but right now I think all you see is a downtrend in price and that has got you down.

When I first heard of bitcoin, all I heard was that it was useless and going away. It just crashed from $30 all the way down to $3 and everyone was in a panic and declaring that this industry no longer has any merit. Well they were wrong. The merit of bitcoin has nothing to do with the price. All of the merit of bitcoin is still and there will continue to be there as long as transactions can be made and value can be stored. Period.

I predict another price rally, then another crash, then another rally, then another crash. And predict that one day the price is going to crash all the way from $14,000 down to $1200 and people are going to cry that bitcoin is dead, and this industry does not have any merit any more. And you know what I'll be doing? Trading as many Federal Reserve Notes as I can into bitcoins every month regardless of what the price is at. If the price is low HURRAY! cheap bitcoin! If the price is high HURRAY! my bitcoin is more valuable!

The price is ultimately irrelevant. My brother is going to college in another state. If he asks me for $5 for lunch money what am I supposed to do? Call my bank and wire him some money? Or just click a button on my phone and 2 seconds later he has 24 mBTC in his wallet. What if he is on vacation in mexico? Should I Western Union him some money or just click a button my phone and two seconds later he has the money and there's no charge. If I have a website that sells good should I pay a 3rd party a transaction fee every time one of my customers purchases something or just get the money directly as if it was cash by using bitcoin. How difficult is it buy something on Overstock.com using bitcoin? No more difficult than entering my name address phone number credit card number expiration date and security code to buy something using a credit card. There is no reason to believe that more and more businesses will begin to accept bitcoin as well.

The only people who are affected by the price and declare that bitcoin is dead and dying because of the price are people who are trying to make money off of money. Bitcoin was not created to make people money. Bitcoin was not created as a get rich quick scheme. Bitcoin was not created as an industry. Bitcoin was created as a new improved form of money. As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: crypto97 on January 19, 2015, 09:14:45 AM
I think those people who had dreams of big wealth from Bitcoin are the ones saying that Bitcoin is dead.
It is simply sour grapes!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cbeast on January 19, 2015, 09:30:26 AM
I think those people who had dreams of big wealth from Bitcoin are the ones saying that Bitcoin is dead.
It is simply sour grapes!
We call them weak hands. There have been worse crashes than this.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: wadili89 on January 19, 2015, 12:25:51 PM
if it dropes from 800$ to 200$ that doesnot mean its the end bitcoin is still worlds heavest currency probabely you will change yor mind


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: wadili89 on January 19, 2015, 12:28:22 PM
I think those people who had dreams of big wealth from Bitcoin are the ones saying that Bitcoin is dead.
It is simply sour grapes!

yeah that true but still i dont think its not big welth coming hovever mining will become less profitable


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: bornil267645 on January 19, 2015, 12:33:34 PM
That's the spirit I guess. Bitcoin is just passing through a rough patch and it will bring joy to the bitcoin community pretty soon. But one thing is for certain, those who have stayed and supported will be rewarded.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 19, 2015, 12:47:37 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


yes:   https://alkhilafaharidat.wordpress.com/

Can't see it... Can you copy/paste the relevant part?
Also, if these are 'real facts' I'm sure you can find any more serious source than wordpress blog?

Well see here: http://www.sitepronews.com/2014/10/06/bitcoin-used-fund-terrorism/

Secindly: http://www.zerohedge.com/news/2014-05-07/department-defense-study-bitcoin-terrorist-threat

It might be helpful for you.

That's not what I asked for. I asked Mayax to provide proof when Bitcoin was actually used for sponsoring terrorists ('real facts').
So far we only have speculations that it could be used for such, but no evidence of that happening.

So looks like, at least so far, all the terrorists are perfectly happy with using fiat (despite all the restrictions of money transfers etc).


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: wadili89 on January 19, 2015, 01:10:16 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

Care to share at least one of these facts where bitcoin was used to sponsor terrorist? I'm not talking about some guy speculating that bitcoin could be used for such, I'm talking about confirmed facts.

Thanks in advance


yes:   https://alkhilafaharidat.wordpress.com/

Can't see it... Can you copy/paste the relevant part?
Also, if these are 'real facts' I'm sure you can find any more serious source than wordpress blog?

Well see here: http://www.sitepronews.com/2014/10/06/bitcoin-used-fund-terrorism/

Secindly: http://www.zerohedge.com/news/2014-05-07/department-defense-study-bitcoin-terrorist-threat

It might be helpful for you.

That's not what I asked for. I asked Mayax to provide proof when Bitcoin was actually used for sponsoring terrorists ('real facts').
So far we only have speculations that it could be used for such, but no evidence of that happening.

So looks like, at least so far, all the terrorists are perfectly happy with using fiat (despite all the restrictions of money transfers etc).


every thing have pro and cons its all depend on you how you use things everything including mobile and computer can be used for terrorist activities that dont make any sense


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: zavtra on January 19, 2015, 08:25:42 PM

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.

As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.

The value I perceive in bitcoin is not measured by it's price. Also, this not an industry, this is a new form of currency. If you are looking at bitcoin as a way to make a living then maybe you've got an incorrect perspective. Bitcoin is an innovation of the way money works. We are only 6 years in, if you told me in 2011 when I first heard of bitcoin that it would trading for $197 in the year 2015 I wouldn't have believed you. When bitcoin was at $3, what we have now seemed utterly impossible.

If I could somehow erase my memory of bitcoin soaring to $1200 and just new that from 2011 when I first heard of bitcoin it went from utter obscurity and trading at $3 to approved by the US Government as a viable currency, acceptance on Overstock.com NewEgg.com Dell.com TigerDirect.com Microsoft and Paypal and trading at $197, i'd say HOLY COW bitcoin has really made a lot of progress in just 4 years!

If you first heard about bitcoin when it was selling at $1200, then all you have ever experienced is a slow decline in price. In reality, the price has risen tremendously in 4 years. It's gone from $3 to $197 and people are complaining that it no longer has any merit!?

The merit of bitcoin is in it's utility. The infrastructure still works, transactions are still able to be made, value is still able to be stored, central authority is still unnecessary. All of the merit of bitcoin is still intact. 10 years from now all of the merit of bitcoin will still be intact. 20 years from now all of the merit of bitcoin will still be intact. 50 years from now all of the merit of bitcoin will still be intact. What do you think it's just going to disappear? We have invented a superior monetary system and we are all just going to pretend that we didn't?

Of course it will take time to catch on, just as the internet did. My parent didn't get the internet until it was on their phones for christ sake. Six years after the internet was invented it seemed pretty bleak too, but give it time. Six years is not even giving it a chance to succeed. If after 20 years bitcoin hasn't caught on then maybe you're right, but right now I think all you see is a downtrend in price and that has got you down.

When I first heard of bitcoin, all I heard was that it was useless and going away. It just crashed from $30 all the way down to $3 and everyone was in a panic and declaring that this industry no longer has any merit. Well they were wrong. The merit of bitcoin has nothing to do with the price. All of the merit of bitcoin is still and there will continue to be there as long as transactions can be made and value can be stored. Period.

I predict another price rally, then another crash, then another rally, then another crash. And predict that one day the price is going to crash all the way from $14,000 down to $1200 and people are going to cry that bitcoin is dead, and this industry does not have any merit any more. And you know what I'll be doing? Trading as many Federal Reserve Notes as I can into bitcoins every month regardless of what the price is at. If the price is low HURRAY! cheap bitcoin! If the price is high HURRAY! my bitcoin is more valuable!

The price is ultimately irrelevant. My brother is going to college in another state. If he asks me for $5 for lunch money what am I supposed to do? Call my bank and wire him some money? Or just click a button on my phone and 2 seconds later he has 24 mBTC in his wallet. What if he is on vacation in mexico? Should I Western Union him some money or just click a button my phone and two seconds later he has the money and there's no charge. If I have a website that sells good should I pay a 3rd party a transaction fee every time one of my customers purchases something or just get the money directly as if it was cash by using bitcoin. How difficult is it buy something on Overstock.com using bitcoin? No more difficult than entering my name address phone number credit card number expiration date and security code to buy something using a credit card. There is no reason to believe that more and more businesses will begin to accept bitcoin as well.

The only people who are affected by the price and declare that bitcoin is dead and dying because of the price are people who are trying to make money off of money. Bitcoin was not created to make people money. Bitcoin was not created as a get rich quick scheme. Bitcoin was not created as an industry. Bitcoin was created as a new improved form of money. As long as bitcoin is capable of storing value, and transferring that value from person to person, then bitcoin still has merit.

Hey, thanks for a reasonable, rational response.

I see all these things, but again, I don't think bitcoin will be the specific cryptocurrency that succeeds. On a day to day basis, not enough people are wiring enough money abroad to find a use in this stuff. I do think, however, that it will have utility in inter-planetary trade, especially when quantum entanglement makes interplanetary transactions a reality. That day is far off though, and so I think that you can expect Bitcoin to remain where it is today for quite some time. I would hold more in Bitcoin if I could use it in as many places that took credit (like Starbucks, or a deli).


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: doubleredrolex on January 20, 2015, 12:56:10 AM
GOOD. Sell ALL your coins ASAP!
Lets get all the weak hands out... drive the price down so I can buy more!!!

haha
 ;D ;D ;D ;D ;D ;D ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: hyphymikey on January 20, 2015, 05:16:16 AM
OP is a liar. Nobody sticks around for 4 years and then just gets out one random day. The protocol hasn't change so I doubt you are going anywhere.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sgk on January 20, 2015, 05:37:04 AM
OP is a liar. Nobody sticks around for 4 years and then just gets out one random day. The protocol hasn't change so I doubt you are going anywhere.

It was a sarcastic post. If you follow the links he posted, you'll know how.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cyberpinoy on January 20, 2015, 06:33:26 AM
I like all the subliminal messages in the video. To the moon HAHA. But the intro was the best part.. "Thats how I roll" HAHAHA


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Thekool1s on January 20, 2015, 06:53:42 AM
Your sources are very legit  ;) I think you only came to bitcoin to become rich which didn't happen. Appreciate the technology.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Venusianism on January 20, 2015, 06:59:14 AM
I don't understand why bitcoiners watch the price so much.

It's because they don't really believe in it. If they did, they would just let it sit, and wouldn't bother watching the price at all.

That's why they're all in here, pumping it up like a penny stock and eating and believing their own shit.

I'm seeing a lot of denial here; an enormous amount of denial. You need to face something; Bitcoin has no use in the civilized world. I pay with cash or credit for everything. If a business doesn't take credit, I don't even frequent it. Considering the hurdles with accepting Bitcoin, mass adoption seems as likely as never. It's already been how many years now?

If a government can just ban Bitcoin, then you can never expect it to succeed either. Just look at what happened in Russia: Their currency has plummeted to a third of what it was a few months ago, yet the Russian people didn't all flock to Bitcoin. They weren't allowed to, and it wasn't seen as a viable alternative. Cyprus proved Bitcoin's legitimacy, Russia proved its worthlessness.

You need to stop talking about this shit like it's going to keep going up forever. Dogecoin parodied this mentality exactly: "To da moon!". A strong, steady decline like what Bitcoin has experienced is reminiscent of the VCR, or any technology, rather. Face it, Bitcoin is a technology. Even if cryptocurrencies were to succeed on a regular, nonblack market, it wouldn't be Bitcoin that succeeds.

I say face the reality. A truly rational person wouldn't feel the need to come in here and try talking about how everyone not investing in Bitcoin is an idiot. If they believe in it, then what others do wouldn't matter, and they wouldn't need to check the price constantly. That's all. Good luck to you all, I don't feel like this industry has any merit any longer. It feels like when Tamagotchi's went out of style. Maybe this will have more success in ten years.

Thank you. Thank you so much for this wonderful post so full of simple economic truths.

It brings actual physical relief to read such wisdom, so rare among endless hordes of deranged cultists.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Shattered on January 20, 2015, 07:03:19 AM
So should OP change the thread title to "Im fucking out. bitcoin will be over soon..UNconfirmed."?

Bitcoin has survived many storms and i think a stable future is certainly ahead of us all.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: nextblast on January 20, 2015, 11:02:54 AM
If you are f**ing out, why bother posting this message?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dsyahputera on January 20, 2015, 11:09:43 AM
OP, where is the fucking miner which confirmed your statement? :D

Quote
Bitcoin will not be over, the key is: decentralize ;)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Dilemma on January 20, 2015, 11:13:01 AM
Bitcoin never die
it will be alive for a long time
because it's ne generation paying system
it's nececary for cyber world


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 20, 2015, 02:10:06 PM
OP is a liar. Nobody sticks around for 4 years and then just gets out one random day. The protocol hasn't change so I doubt you are going anywhere.

You're correct. I was being facetious.  I didn't start mining bitcoin 5 years ago to become rich but because I was interested in economics and new tech. Regardless of anything else, I have learned a lot over these years and have grown a lot as an individual. I'm going to keep working with it and sharpen my skills so that I can offer something of value to others.

I can't kill the bitcoin any more than Karpeles can eat the bitcoin or Krugman and a host of disgusting trolls can defile the bitcoin. It will smack them all to the ground. :D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: findftp on January 20, 2015, 02:11:36 PM
OP is a liar. Nobody sticks around for 4 years and then just gets out one random day. The protocol hasn't change so I doubt you are going anywhere.
Spot on. Probably an attempt to manipulate or influence the public by following his advice so that he has more time to buy 'cheap' coins.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 20, 2015, 02:18:34 PM
OP is a liar. Nobody sticks around for 4 years and then just gets out one random day. The protocol hasn't change so I doubt you are going anywhere.
Spot on. Probably an attempt to manipulate or influence the public by following his advice so that he has more time to buy 'cheap' coins.


...Or maybe just click on the links in the first post... or just read the post directly above yours?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sethminer14 on January 20, 2015, 02:21:22 PM
Sheesh. Some people have now idea how to see sarcasm


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: findftp on January 20, 2015, 02:22:39 PM
Sheesh. Some people have now idea how to see sarcasm
I admit, I only read the subject and not the content of his post.
I was grabbed by the emotion.
Don't touch my precious bitcoin. ;)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 20, 2015, 02:36:43 PM
Bitcoin never die
it will be alive for a long time
because it's ne generation paying system
it's nececary for cyber world

How The Cryptoconomy Will Be Created (http://www.forbes.com/sites/valleyvoices/2015/01/20/how-the-cryptoconomy-will-be-created/?ss=Security)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: b-stock on January 20, 2015, 03:56:18 PM
The blockchain symbolizes a shift in power from the centers to the edges of the networks. It is a vision that we have romanced since the early days of the Internet, but it can actually happen this time, because it is powered by an intrinsic monetary value, the Internet’s own native cryptocurrency... ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: ChuckBuck on January 20, 2015, 04:08:45 PM
Man oh man, why have I invested all this time, money, and energy into this dying Cryptocurrency.   :'(

Bitcoin dead in 2015.  RIP.

WHAT"S THAT?!  There's still life in this thing!?!   :o :o :o

NYSE jumpin' in!  Okay okay, I'm listening... ;D

http://i.imgur.com/hsMSPNw.jpg


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: manselr on January 20, 2015, 04:28:35 PM
Unfortunately there are a lot of people thinking like OP, that are not trolling. People is emotional with their investments and can't handle devaluations that go as low as 70%+ even tho the long term is still looking good. People has no patience. Whatever, better redistribution then.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: crypto97 on January 20, 2015, 05:54:20 PM
All of the attention, whether positive or negative is still attention and Bitcoin becomes more well known.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: hack_ on January 21, 2015, 11:28:49 AM
positive attention is better


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cellard on January 21, 2015, 12:03:16 PM
Yet another sign we are close to the time to be buying like crazy.



Every 10 Bitcoin deaths there is a nice buy frenzy, so we are about to hit a bull phase.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 21, 2015, 05:50:22 PM
What is funny is how perspective can change what you see. I can't believe the awesome stuff going on compared to just two years ago let alone 5 years of bitcoin development and adoption.  Anyone truly getting out now because of low price are missing out on a lot of opportunity (just like the folks who got out in summer/fall/winter of 2011) cause this party is just getting started.   Watch out for the rocketship! (https://www.youtube.com/watch?v=G-n8YeQ_Un0)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 21, 2015, 06:09:01 PM
Until the rocketship, I'm chill. (https://www.youtube.com/watch?v=7iocV7N5SAg)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 21, 2015, 09:06:32 PM
Moral of the story... If you don't have a long term vision for bitcoin, you don't have any vision (https://www.youtube.com/watch?v=b0QbWwll1VQ) at all.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sakira on January 23, 2015, 06:52:19 AM
Moral of the story... If you don't have a long term vision for bitcoin, you don't have any vision (https://www.youtube.com/watch?v=b0QbWwll1VQ) at all.

What long-term visi which is nice for bitcoin do you think?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Swordsoffreedom on January 23, 2015, 07:07:42 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Well he got it sort of right
The forum died so bitcoin love was over for a bit  ;)
But it came back again and is working as usual


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sandy47bt on January 23, 2015, 10:09:08 AM
You will regret your decision..confirmed & we will see a better future for bitcoin


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: GamingOn on January 23, 2015, 10:19:02 AM
Bitcoin use to be worth much less its still worth way more then most other currencies what other currency is worth $200 per 1 of them. None. Good try though Bitcoin will continue to be used and even if it was at 1:1 ratio with dollar it would still beat out most other currencies in the whole entire world.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 23, 2015, 11:08:28 AM
Moral of the story... If you don't have a long term vision for bitcoin, you don't have any vision (https://www.youtube.com/watch?v=b0QbWwll1VQ) at all.

What long-term visi which is nice for bitcoin do you think?

http://nakamotoinstitute.org/mempool/hyperbitcoinization/


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: bitwarrior on January 23, 2015, 11:22:54 AM
Bitcoin is going to the moon soon, sure I wish we will be going to the $400 in the coming weeks... anything can happen in the Wild Crypto World!!!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Stcgold on January 23, 2015, 11:25:28 AM
Bitcoin use to be worth much less its still worth way more then most other currencies what other currency is worth $200 per 1 of them. None. Good try though Bitcoin will continue to be used and even if it was at 1:1 ratio with dollar it would still beat out most other currencies in the whole entire world.

but if bitcoin rate back to 1:1 ratio with dollar it means Game Over for bitcoin world :)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 23, 2015, 11:27:22 AM
Bitcoin use to be worth much less its still worth way more then most other currencies what other currency is worth $200 per 1 of them. None. Good try though Bitcoin will continue to be used and even if it was at 1:1 ratio with dollar it would still beat out most other currencies in the whole entire world.

but if bitcoin rate back to 1:1 ratio with dollar it means Game Over for bitcoin world :)

If your 'game' is to 'get rich quick' then yes, it would be a 'game over' for you, but not necessarily for bitcoin as a project.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: ChuckBuck on January 23, 2015, 01:29:58 PM
Damit only January 23rd, and both Bitcoin and it's forum died already.  I"m fucking out too!   >:(

Wait a minute, you're telling me there's going to be a wall street like, regulated, and legitimate compliant exchange where both individuals and institutions can participate equally???

https://blog.gemini.com/welcome-to-gemini/

So now not only do we have a real blue chip exchange, but we have the pending ETF COIN by those Winklevii.  All this upcoming year.

Ok, you got me, I'll be sticking around for now.   ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Dread Pirate Roberts on January 23, 2015, 07:09:27 PM
please tell some story ,
im start to adoption btc and you gone


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Beliathon on January 23, 2015, 08:17:12 PM
Wow, I didn't realize how hard satire was for some people until I read this thread.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 23, 2015, 08:34:14 PM
Wow, I didn't realize how hard satire was for some people until I read this thread.

Amazing ain't it? 


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: PaulPierce on January 24, 2015, 01:20:57 AM
You'll change your mind soon.

yup.!! soon buddy..!! sooon.! :D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: oblivi on January 24, 2015, 02:06:54 AM
Bitcoin use to be worth much less its still worth way more then most other currencies what other currency is worth $200 per 1 of them. None. Good try though Bitcoin will continue to be used and even if it was at 1:1 ratio with dollar it would still beat out most other currencies in the whole entire world.

but if bitcoin rate back to 1:1 ratio with dollar it means Game Over for bitcoin world :)
Why? bitcoin and the blockchain would still do what they are meant to do.
I can see it would be really frustrating for investors tho..


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Rishblitz on January 24, 2015, 02:40:01 AM
If bitcoin gets really low I am going to just buy a shit ton of it.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: chipmadness on January 24, 2015, 03:13:51 AM
http://fc05.deviantart.net/fs70/f/2013/222/0/1/we_get_it_youre_butt_hurt_by_springpawofriverclan-d6hkld1.jpg


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Kataklysm on January 24, 2015, 05:12:30 AM
First post on BTC talk. Nice video  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: b!z on January 24, 2015, 07:05:08 AM
bitcoin is dead. get out before it's too late


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dsyahputera on January 24, 2015, 07:11:01 AM
If bitcoin gets really low I am going to just buy a shit ton of it.

Come on do it. It will make the Bitcoin price high again :D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Wendigo on January 24, 2015, 08:52:47 AM
bitcoin is dead. get out before it's too late

When is the funeral and where can we get flowers with bitcons from?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: muhrohmat on January 24, 2015, 09:44:01 AM
people dont you thing this is to of a rush thing and desperate i mean the bitcoin its now at 230 dollars per btc it has been lower and it has been highr it might rise a bit and we know that btc its stable for the past 4 years soo i dint think its going to be a dead coin much soo no its a healthy coin and others like alt coins will rise like ltc doge and dark and burst and soo on but thats more for alt coins soo what i think its btc will survive and prosper like many of us here dont get too desperate


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: General_A on January 24, 2015, 10:09:40 AM
How does one fuck outwards?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bagatell on January 24, 2015, 12:21:25 PM
+18% since the OP.  :D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: syamster on January 24, 2015, 12:53:45 PM
I am planning to buy huge amount of bitcoins if its come below 100, but it is up again to 239... lol


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bitcoinexp on January 24, 2015, 12:55:59 PM
Bitcoin might be over, which i highly doubt. But the blockchain will last.  :)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Divinespark on January 24, 2015, 12:59:51 PM
BS - this is a historical opp to get in cheap
BTC is the single most important tech stack out there


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: AtheistAKASaneBrain on January 24, 2015, 01:00:33 PM
people dont you thing this is to of a rush thing and desperate i mean the bitcoin its now at 230 dollars per btc it has been lower and it has been highr it might rise a bit and we know that btc its stable for the past 4 years soo i dint think its going to be a dead coin much soo no its a healthy coin and others like alt coins will rise like ltc doge and dark and burst and soo on but thats more for alt coins soo what i think its btc will survive and prosper like many of us here dont get too desperate

OP has certainly panic sold. It seems like it's going up again. For all we know he may have sold right at the bottom. Poor guy, really unfortunate..


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: worldinacoin on January 24, 2015, 01:03:52 PM
Every day there are threads or posts saying Bitcoin will be dead soon since Bitcoin was founded.   Till now the "soon" seems to be eternity.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 24, 2015, 05:19:54 PM
people dont you thing this is to of a rush thing and desperate i mean the bitcoin its now at 230 dollars per btc it has been lower and it has been highr it might rise a bit and we know that btc its stable for the past 4 years soo i dint think its going to be a dead coin much soo no its a healthy coin and others like alt coins will rise like ltc doge and dark and burst and soo on but thats more for alt coins soo what i think its btc will survive and prosper like many of us here dont get too desperate

OP has certainly panic sold. It seems like it's going up again. For all we know he may have sold right at the bottom. Poor guy, really unfortunate..

Nope, no panic here brah.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: develCuy on January 25, 2015, 06:42:42 AM
 :P this happens all the time... people saying that bitcoin is dead. This will not happen soon, nor fast, and nobody knows the future, all I can say is that investors don't alarm about bitcoin daily price, they thing on the long term 5-10 years forward, follow them, ignore desperate alarms!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bitcoinexp on January 25, 2015, 06:49:25 AM
Also, just because bitcoin is going through turbulence, doesn't mean it's gonna crash. If you think it's just a get rich quick theme, you might as well leave.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 25, 2015, 07:08:27 AM
+18% since the OP.  :D

+22% now.  Don't panic! (http://nakamotoinstitute.org/mempool/dont-panic/)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mercistheman on January 25, 2015, 07:56:43 AM
Idiots bail at the first sign of down trends... Would like to personally thank You for future profits.
God luvs idiots  ;)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: LiteCoinGuy on January 25, 2015, 08:10:44 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: cbeast on January 25, 2015, 08:32:04 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!
I sold a bunch at lows like that twice. I finally learned my lesson and became a permabull.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 08:37:37 AM
Idiots bail at the first sign of down trends... Would like to personally thank You for future profits.
God luvs idiots  ;)

It’s no wonder why mainstream people are scared of bitcoin.  There’s such a mix of speculators treating BTC like a commodity investment & purists that want mainstream adoption as an everyday currency.  “News flash” it can only do one function well, it’s either a growth investment or a currency.  To attract new major venture capital investment, bitcoin needs to be volatile and have room for rapid growth.  For mainstream people to adopt it as an everyday currency, it needs to be moderately stable.

To be widely accepted, bitcoin needs to settle down. People want their currency value to remain fairly stable, not fluctuate wildly like a commodity stock.  Imagine if your paycheck was paid only in bitcoins and you would gain or loose 35% of it's value week to week.  Currently you still have to convert to fiat $ to pay bills.  Would your utility company, landlord or mortgage company deal with +/- 35% weekly value fluctuations?   Would you be able to pay your rent, mortgage, car & health insurance or buy groceries? Sorry kids, we don't eat this week:(

“Bitcoin was a genius invention, but its implementation became corrupted by people whose aim was to make money – not bitcoins, but dollars.” ~ BCnext


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: LiteCoinGuy on January 25, 2015, 08:43:24 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!
I sold a bunch at lows like that twice. I finally learned my lesson and became a permabull.

well, actually that was a joke and i bought alot  ;D

-----------

@mmsmears

btc will not be stable for a loooong time. but that is not a problem. there is already a service called "LOCKS" which basically locks the btc value. other services will add similar things and make btc stable.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 08:56:48 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!
I sold a bunch at lows like that twice. I finally learned my lesson and became a permabull.

well, actually that was a joke and i bought alot  ;D

-----------

@mmsmears

btc will not be stable for a loooong time. but that is not a problem. there is already a service called "LOCKS" which basically locks the btc value. other services will add similar things and make btc stable.

Are you talking about the "Locks" service provided by Panama-based bitcoin wallet provider Coinapult?  

If so my BS meter is flashing RED.  They would have to have significant assets to cover the extreme recent BTC price fluctuations.  

There's a reason companies setup in Panama, the Fed's can't easily haul them in for fraud.  


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: picolo on January 25, 2015, 09:31:55 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 09:33:51 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: nizamcc on January 25, 2015, 09:37:51 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.

Unless people actually use it, it will be seen as a stock :(


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 09:51:30 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.

Unless people actually use it, it will be seen as a stock :(

It’s no wonder why mainstream people are scared of bitcoin.  There’s such a mix of speculators treating BTC like a commodity investment & purists that want mainstream adoption as an everyday currency.  “News flash” it can only do one function well, it’s either a growth investment or a currency.  To attract new major venture capital investment, bitcoin needs to be volatile and have room for rapid growth.  For mainstream people to adopt it as an everyday currency, it needs to be moderately stable.

To be widely accepted, bitcoin needs to settle down. People want their currency value to remain fairly stable, not fluctuate wildly like a commodity stock.  Imagine if your paycheck was paid only in bitcoins and you would gain or loose 35% of it's value week to week.  Currently you still have to convert to fiat $ to pay bills.  Would your utility company, landlord or mortgage company deal with +/- 35% weekly value fluctuations?   Would you be able to pay your rent, mortgage, car & health insurance or buy groceries? Sorry kids, we don't eat this week:(

“Bitcoin was a genius invention, but its implementation became corrupted by people whose aim was to make money – not bitcoins, but dollars.” ~ BCnext


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: LiteCoinGuy on January 25, 2015, 10:15:35 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!
I sold a bunch at lows like that twice. I finally learned my lesson and became a permabull.

well, actually that was a joke and i bought alot  ;D

-----------

@mmsmears

btc will not be stable for a loooong time. but that is not a problem. there is already a service called "LOCKS" which basically locks the btc value. other services will add similar things and make btc stable.

Are you talking about the "Locks" service provided by Panama-based bitcoin wallet provider Coinapult?  

If so my BS meter is flashing RED.  They would have to have significant assets to cover the extreme recent BTC price fluctuations.  

There's a reason companies setup in Panama, the Fed's can't easily haul them in for fraud.  


that is what iam talking about. best solution so far. you can also use some financial products (hedge) for this kind of stuff.

do you have a better solution for that problem  ;) ?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: loszhor on January 25, 2015, 10:23:29 AM
Love the obit site! Markets can be scary for some plus half of the battle in trading is psychological.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: inigthz on January 25, 2015, 10:27:21 AM
So, how are you bitcoin ??  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 10:48:59 AM
damn, i sold all BTC at 180 USD  :'( - now iam panic buying!
I sold a bunch at lows like that twice. I finally learned my lesson and became a permabull.

well, actually that was a joke and i bought alot  ;D

-----------

@mmsmears

btc will not be stable for a loooong time. but that is not a problem. there is already a service called "LOCKS" which basically locks the btc value. other services will add similar things and make btc stable.

Are you talking about the "Locks" service provided by Panama-based bitcoin wallet provider Coinapult?  

If so my BS meter is flashing RED.  They would have to have significant assets to cover the extreme recent BTC price fluctuations.  

There's a reason companies setup in Panama, the Fed's can't easily haul them in for fraud.  


that is what iam talking about. best solution so far. you can also use some financial products (hedge) for this kind of stuff.

do you have a better solution for that problem  ;) ?
Do you really call "Coinapult" a solution?  Do you seriously think that they really could survive holding a 79% loss on the books for over 6 months & still be able to pay commitments?
To (hedge) a 79% loss you need an alternative income source to support it.  Located in Panama, I imagine they have so many other alternate income streams, really?
I wouldn't count on them fulfilling their commitments when the BTC price fluctuates wildly.


Coinapult: TOS
Locking your Bitcoins
You may choose to “lock” a certain amount of bitcoins in accordance with these Terms (the “Fixed Bitcoins”). When you “lock” your bitcoins, you are converting your Fixed Bitcoins into the right to receive a future amount of bitcoins based upon a future offered rate. We do not offer exchange services, and you are only entitled to receive bitcoins from us as set forth in these Terms.

Locking Quote
Before “locking” your Fixed Bitcoins, you will obtain a quote of the locking value of the Fixed Bitcoins corresponding to the value assigned by our system to an underlying asset or currency. Coinapult will communicate a time window to accept the quote for locking your Fixed Bitcoins into Variable Bitcoins.

Actual Locking
After having received a locking value for a certain amount of Fixed Bitcoins, you may accept the quote. After your acceptance of the quote described above, subject to these Terms, your Fixed Bitcoins will be converted into the right to receive a future amount of variable bitcoins corresponding to the quoted underlying asset or currency value (the “Variable Bitcoins”). By accepting the quote, you are further authorizing Coinapult to display a Variable Bitcoin balance in your wallet corresponding to the underlying asset value of your Fixed Bitcoins at the time of the lock.



 



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 25, 2015, 11:27:50 AM

Do you really call "Coinapult" a solution?  Do you seriously think that they really could survive holding a 79% loss on the books for over 6 months & still be able to pay commitments?
To (hedge) a 79% loss you need an alternative income source to support it.  Located in Panama, I imagine they have so many other alternate income streams, really?
I wouldn't count on them fulfilling their commitments when the BTC price fluctuates wildly.


79% of what?

Anyhow, if you're concerned about their business model just ask them directly to explain it to you (before declaring them insolvent). IIRC they're active on this forum.

And they're not the only business that offers such service:

http://www.coindesk.com/first-glimpse-inside-halsey-minors-new-payments-platform-bitreserve/ (http://www.coindesk.com/first-glimpse-inside-halsey-minors-new-payments-platform-bitreserve/)

https://bitreserve.org/en/homepage (https://bitreserve.org/en/homepage)

https://bitreserve.org/en/status (https://bitreserve.org/en/status)

BitReserve have offices in US and Shanghai, if Panama is not good for you.

ps I don't use neither Coinapult or Bitreserve, so I cannot vouch for any of them.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Trent Russell on January 25, 2015, 11:33:17 AM
Coinapult doesn't need to lose money based on the bitcoin price. They charge a fee when someone uses 'locks'. If someone signs up, sends 1 bitcoin and locks it at $250 (or whatever the market price is), then all coinapult has to do is sell 1 bitcoin on an exchange for $250. When someone 'unlocks' they buy back $250 worth of bitcoin on an exchange. They can profit from the fees each time and need take no risk. This is a bit obvious, of course, so I'm skeptical that anyone doesn't know this.

As for being based in Panama, that makes me trust them a lot more. If there were providing a useful service while being located in the U.S., they'd either need to have friends in high places or they'd be shut down. At least being in Panama forces the U.S. agents to make a small international incident out of it.

If you'd prefer a solution based in the U.S. and you're a United Station (I can't imagine a non-USan prefering such a thing), then you could start one yourself. There's clearly a market for it, so you could make money off the fees. (Realistically, of course, it would cost a lot to start up and then they'd shut you down and possibly put you in prison, but hey, freedom isn't free.)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 12:34:37 PM

Do you really call "Coinapult" a solution?  Do you seriously think that they really could survive holding a 79% loss on the books for over 6 months & still be able to pay commitments?
To (hedge) a 79% loss you need an alternative income source to support it.  Located in Panama, I imagine they have so many other alternate income streams, really?
I wouldn't count on them fulfilling their commitments when the BTC price fluctuates wildly.


79% of what?

Anyhow, if you're concerned about their business model just ask them directly to explain it to you (before declaring them insolvent). IIRC they're active on this forum.

And they're not the only business that offers such service:

http://www.coindesk.com/first-glimpse-inside-halsey-minors-new-payments-platform-bitreserve/ (http://www.coindesk.com/first-glimpse-inside-halsey-minors-new-payments-platform-bitreserve/)

https://bitreserve.org/en/homepage (https://bitreserve.org/en/homepage)

https://bitreserve.org/en/status (https://bitreserve.org/en/status)

BitReserve have offices in US and Shanghai, if Panama is not good for you.

ps I don't use neither Coinapult or Bitreserve, so I cannot vouch for any of them.

79% of what?  The high bitcoin price $1,200 to $250 = 79% decrease

I didn't declare them insolvent, I just don't trust any company offering a guaranteed BTC to $ return especially when you read the TOS.

I had a roommate from Panama that said that for enough $$$$ you could essentially do what ever you wanted as long as the right people were paid off.

Now back to my original problem with bitcoin volatility.   

To be widely accepted, bitcoin needs to settle down. People want their currency value to remain fairly stable, not fluctuate wildly like a commodity stock.  Imagine if your paycheck was paid only in bitcoins and you would gain or loose 35% of it's value week to week.  Currently you still have to convert to fiat $ to pay bills.  Would your utility company, landlord or mortgage company deal with +/- 35% weekly value fluctuations?   Would you be able to pay your rent, mortgage, car & health insurance or buy groceries? Sorry kids, we don't eat this week:(



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bagatell on January 25, 2015, 12:40:18 PM

Now back to my original problem with bitcoin volatility.   




I Love Bitcoin’s Volatility

http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/ (http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Trent Russell on January 25, 2015, 12:43:01 PM

Do you really call "Coinapult" a solution?  Do you seriously think that they really could survive holding a 79% loss on the books for over 6 months & still be able to pay commitments?
To (hedge) a 79% loss you need an alternative income source to support it.  Located in Panama, I imagine they have so many other alternate income streams, really?
I wouldn't count on them fulfilling their commitments when the BTC price fluctuates wildly.


79% of what?


79% of what?  The high bitcoin price $1,200 to $250 = 79% decrease


I explained above why a loss (or gain) in bitcoin relative to the locked currency does not imply a loss on the books for the service. (It's not complicated.) For some reason you're still pretending that a 79% loss in the price of bitcoin relative to the USD implies the service provider has a 79% loss on the books. Now the question is: what is your motive in pretending that?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 12:43:14 PM

Now back to my original problem with bitcoin volatility.   




I Love Bitcoin’s Volatility

http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/ (http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/)
Bitcoin is supposed to be a currency not a stock.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Trent Russell on January 25, 2015, 12:57:48 PM
I explained above why a loss (or gain) in bitcoin relative to the locked currency does not imply a loss on the books for the service. (It's not complicated.) For some reason you're still pretending that a 79% loss in the price of bitcoin relative to the USD implies the service provider has a 79% loss on the books. Now the question is: what is your motive in pretending that?

Maybe I'm wrong about it not being complicated. Buying and selling BTC to account for locks without speculating on the price seems obvious to me.

Maybe the obvious way most people would implement locks is something like: "I got a great idea! I'll take someone's bitcoin and give them an IOU for $250 worth of bitcoin. Then I'll hope the price goes up so I can pay them back and make a profit!"

The second way sounds, well, I'm tempted to say retarded, but that's just too insulting to retarded people. I seriously think most retarded people could see the second way is a bad business plan.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: CoinRocka on January 25, 2015, 01:01:54 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.

Its both. Wait for it.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 25, 2015, 01:02:06 PM

79% of what?  The high bitcoin price $1,200 to $250 = 79% decrease

That's the price decrease, not company's loss.
Trent Russell already answered that but you ignored it.

I didn't declare them insolvent, I just don't trust any company offering a guaranteed BTC to $ return especially when you read the TOS.

No one asks you to trust them. Again, if you're concerned about their model you should ask them to clarify in the first place. Did you bother to do it?

I had a roommate from Panama that said that for enough $$$$ you could essentially do what ever you wanted as long as the right people were paid off.

That could be applied to any country, the definition of "enough $$$$" will vary tho.
Still, Panama being corrupted doesn't mean every business registered there is automatically a fraud.

Now back to my original problem with bitcoin volatility.   

To be widely accepted, bitcoin needs to settle down. People want their currency value to remain fairly stable, not fluctuate wildly like a commodity stock.  Imagine if your paycheck was paid only in bitcoins and you would gain or loose 35% of it's value week to week.  Currently you still have to convert to fiat $ to pay bills.  Would your utility company, landlord or mortgage company deal with +/- 35% weekly value fluctuations?   Would you be able to pay your rent, mortgage, car & health insurance or buy groceries? Sorry kids, we don't eat this week:(


Price averaging. Your kids will eat in " -35% week" if you saved a surplus from "+35% week".

Volatility is inevitable in the early stages. What do you suggest? Pegging it to USD?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: picolo on January 25, 2015, 01:04:45 PM

Now back to my original problem with bitcoin volatility.   




I Love Bitcoin’s Volatility

http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/ (http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/)
Bitcoin is supposed to be a currency not a stock.

It could be a stock or a store of value.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 01:19:06 PM

Do you really call "Coinapult" a solution?  Do you seriously think that they really could survive holding a 79% loss on the books for over 6 months & still be able to pay commitments?
To (hedge) a 79% loss you need an alternative income source to support it.  Located in Panama, I imagine they have so many other alternate income streams, really?
I wouldn't count on them fulfilling their commitments when the BTC price fluctuates wildly.


79% of what?


79% of what?  The high bitcoin price $1,200 to $250 = 79% decrease


I explained above why a loss (or gain) in bitcoin relative to the locked currency does not imply a loss on the books for the service. (It's not complicated.) For some reason you're still pretending that a 79% loss in the price of bitcoin relative to the USD implies the service provider has a 79% loss on the books. Now the question is: what is your motive in pretending that?

You’re right,

To my knowledge Coinapult is not currently carrying any loss on the books until they commit.  They are locking BTC to a current BTC=fiat trade value.

In their Actual Locking TOS:  “After your acceptance of the quote described above, subject to these Terms, your Fixed Bitcoins will be converted into the right to receive a future amount of variable bitcoins corresponding to the quoted underlying asset or currency value (the “Variable Bitcoins”).”

What will the value of the “Variable Bitcoins” be?

Considering the current wild fluctuations in BTC, it concerns me that any company offering this service is exposing themselves to a significant risk even in a 24hr period from offer to acceptance.

Taking into account the past few months of volatility. They have to maintain significant assets to cover the extreme recent BTC price fluctuations.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 01:38:13 PM

79% of what?  The high bitcoin price $1,200 to $250 = 79% decrease

That's the price decrease, not company's loss.
Trent Russell already answered that but you ignored it.

I didn't declare them insolvent, I just don't trust any company offering a guaranteed BTC to $ return especially when you read the TOS.

No one asks you to trust them. Again, if you're concerned about their model you should ask them to clarify in the first place. Did you bother to do it?

I had a roommate from Panama that said that for enough $$$$ you could essentially do what ever you wanted as long as the right people were paid off.

That could be applied to any country, the definition of "enough $$$$" will vary tho.
Still, Panama being corrupted doesn't mean every business registered there is automatically a fraud.

Now back to my original problem with bitcoin volatility.   

To be widely accepted, bitcoin needs to settle down. People want their currency value to remain fairly stable, not fluctuate wildly like a commodity stock.  Imagine if your paycheck was paid only in bitcoins and you would gain or loose 35% of it's value week to week.  Currently you still have to convert to fiat $ to pay bills.  Would your utility company, landlord or mortgage company deal with +/- 35% weekly value fluctuations?   Would you be able to pay your rent, mortgage, car & health insurance or buy groceries? Sorry kids, we don't eat this week:(


Price averaging. Your kids will eat in " -35% week" if you saved a surplus from "+35% week".

Volatility is inevitable in the early stages. What do you suggest? Pegging it to USD?

Price averaging is not practical when you have no idea how high or low it can go.  As you can see by the 2014 charts, your guess is as good as anyone's.

The current situation is a clear example of problems the Bitcoin network will face in the future. Miners only continue to operate when it’s profitable. Bitcoin value will always be tied to operating costs of people, equipment, facilities & energy.

Will their be enough individuals running long term hashing power to support network transactions when mining is over?  What will their operating costs be? 

Will the system eventually transform into something centralized that will charge transaction fees to support operating costs?  Which would be very similar to the banking system that we have today but without Government backing.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on January 25, 2015, 02:07:58 PM

Considering the current wild fluctuations in BTC, it concerns me that any company offering this service is exposing themselves to a significant risk even in a 24hr period from offer to acceptance.

Taking into account the past few months of volatility. They have to maintain significant assets to cover the extreme recent BTC price fluctuations.

Again, I don't know what their actual model is. But assuming they're selling BTC in the same time as you decided to 'lock' then the exposure is few seconds rather than 24 hours. If that's the way they do that, the risk is non-existent.


Price averaging is not practical when you have no idea how high or low it can go.  As you can see by the 2014 charts, your guess is as good as anyone's.

The current situation is a clear example of problems the Bitcoin network will face in the future. Miners only continue to operate when it’s profitable. Bitcoin value will always be tied to operating costs of people, equipment, facilities & energy.

Will their be enough individuals running long term hashing power to support network transactions when mining is over?  What will their operating costs be? 

Will the system eventually transform into something centralized that will charge transaction fees to support operating costs?  Which would be very similar to the banking system that we have today but without Government backing.


I'm not saying that price averaging is practical or safe, but it's yet just another way to protect yourself from volatility.

As for mining - no one can predict the future. But it's a self regulated system (less miners, diff goes down, profitable again). Also, I wouldn't be surprised if in future some of the large BTC related companies will be mining just to secure the network. If their profit is grater than loss on mining - it still would make sense (in financial terms) for them to do it.

And it will never be centralised (Central Bank style) as long as anyone is free to start mining or running a node.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: jaberwock on January 25, 2015, 02:19:50 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.

It is not meant to be none, at least from the start:
Quote
As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:
- boring grey in colour
- not a good conductor of electricity
- not particularly strong, but not ductile or easily malleable either
- not useful for any practical or ornamental purpose

and one special, magical property:
- can be transported over a communications channel

If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.

It might resemble a currency, but a currency is more than some stuff you can use to buy other stuff


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pereira4 on January 25, 2015, 02:36:41 PM

Now back to my original problem with bitcoin volatility.   




I Love Bitcoin’s Volatility

http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/ (http://nakamotoinstitute.org/mempool/i-love-bitcoins-volatility/)
Bitcoin is supposed to be a currency not a stock.

It could be a stock or a store of value.

The beauty of bitcoin is, it can be a stock, a currency of value or a currency. 3 in one baby.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on January 25, 2015, 02:53:04 PM
That's a bit like saying electricity can be heat, light and magnets. No one sticking bits of metal in lemons in the 19th century imagined something like the digital age developing from it.

True enough, although Tesla's vision was close in the late 19th/early 20th centuries.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: fritz on January 25, 2015, 03:09:33 PM
The terrorist card is another ploy by the West!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: mmsmears on January 25, 2015, 04:23:43 PM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

Just because the price is going down? Many stocks go down then recover especially when they are stocks of a new high tech company. Bitcoin is still in business!
Bitcoin is supposed to be a currency not a stock.

It is not meant to be none, at least from the start:
Quote
As a thought experiment, imagine there was a base metal as scarce as gold but with the following properties:
- boring grey in colour
- not a good conductor of electricity
- not particularly strong, but not ductile or easily malleable either
- not useful for any practical or ornamental purpose

and one special, magical property:
- can be transported over a communications channel

If it somehow acquired any value at all for whatever reason, then anyone wanting to transfer wealth over a long distance could buy some, transmit it, and have the recipient sell it.

It might resemble a currency, but a currency is more than some stuff you can use to buy other stuff

Actually it's supposed to be an alternative currency.  And it's only purpose is to hold value to trade for or "buy other stuff"

“Bitcoin was a genius invention, but its implementation became corrupted by people whose aim was to make money – not bitcoins, but dollars.” ~ BCnext 


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: neurotypical on January 25, 2015, 05:09:35 PM
I think high volatility, defined as high dispersion is not good. That is, if the market had total certainty that the Bitcoin will reach $ 10,000 in five years, its current price, right now, would be approximately $ 9,980 negligible volatility .

If there is volatility is mainly by uncertainty about the future of the asset or illiquidity.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: muhrohmat on January 28, 2015, 09:49:13 AM
the only thing that worries me is the fact of the mining coins can only be 21 million and already 13 or 14 millions mine in 4 years this rate even degrading it can be like more 6 years and all the coins weill be mined but i belive btc will rise due to rarity


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bitcoinexp on January 28, 2015, 10:10:15 AM
the only thing that worries me is the fact of the mining coins can only be 21 million and already 13 or 14 millions mine in 4 years this rate even degrading it can be like more 6 years and all the coins weill be mined but i belive btc will rise due to rarity

I believe the supply will only be cut off circa 2140. So no need to worry, we'll be dead before bitcoin will have to depend on rarity and/or market value.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: picolo on January 28, 2015, 10:45:25 AM
the only thing that worries me is the fact of the mining coins can only be 21 million and already 13 or 14 millions mine in 4 years this rate even degrading it can be like more 6 years and all the coins weill be mined but i belive btc will rise due to rarity

I believe the supply will only be cut off circa 2140. So no need to worry, we'll be dead before bitcoin will have to depend on rarity and/or market value.

The supply will cut off in 2140 but 99% of the bitcoins will be mined by 2032 and 90% of the bitcoins by 2022. It is not a problem since the current holders will sell and use theirs bitcoins as they need some fiat or some products. They will sell more as the price rises and they will lend the bitcoins as they want some return on their asset.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: muhrohmat on January 30, 2015, 08:57:38 AM
i belive that the fact of the mined coins are more difficult to be mined it will incresse the bitcoin value and it can be used to do paypal direct and apple uses for buy direct.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Kazimir on January 30, 2015, 09:09:11 AM
the fact of the mined coins are more difficult to be mined
That's incorrect. Whether or not new coins are more difficult to mine than the previous ones, only depends on how many people are mining (and how fast their computers are). If some people stop mining (because it's not profitable for them), it will become easier to mine new coins.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: stellar1 on January 30, 2015, 10:48:36 AM
Did you f*** out when Wall Street gapped down huge ?

Then yes time to. But if you didn't; way to go.

Writing obituaries for a game-changer are meaningless. The payments & currency landscape changed five years ago for good; the changes are never gonna get rolled back. It will only evolve towards better efficiency, security, usability.....


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: muhrohmat on February 26, 2015, 08:19:59 AM
the more i see work for bitcoins and market of bitcoins not just convertions i see that even low price like 300 dollars per piece its like good for trade and jobs and work and internet and fast ttrransctions and ddecentrilization bit coin its goin to be like for decades the best coin even better than alt coins soorry to disagree again with the opinion of oobituary very muchclose to not going to die.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: galbros on February 26, 2015, 08:47:27 AM
Until there is a fundamental problem with the technology or protocol I'm sticking with bitcoin.  Price movement alone is not a reason to give up on technology that solves real problems - international transactions and ending chargebacks.  Though I agree, if you speculated, it can be wise to get out with something.

Good Luck!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on February 26, 2015, 01:02:58 PM
Bitcoin's value needs to be compared to complete financial networks. Whatever it's current price is, reflects that value plus or minus any irrationality in the markets. The wisdom of crowds (https://en.wikipedia.org/wiki/The_Wisdom_of_Crowds) is a very relevant factor in determining correct value:



http://i.imgur.com/2LEqXv5.png?1



...And gives credence to this:


Until there is a fundamental problem with the technology or protocol I'm sticking with bitcoin.  Price movement alone is not a reason to give up on technology that solves real problems - international transactions and ending chargebacks.  Though I agree, if you speculated, it can be wise to get out with something.

Good Luck!

https://www.youtube.com/watch?v=WdrSP0V-KLg  



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: QuestionAuthority on February 26, 2015, 01:27:43 PM
It's taken you this long to leave? Where are you trying to sell out, a flea market?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on February 26, 2015, 01:40:56 PM
It's taken you this long to leave? Where are you trying to sell out, a flea market?

The local farmer's market. They have some awesome magic beans I got for a discount because bitcoin.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: QuestionAuthority on February 26, 2015, 01:45:12 PM
It's taken you this long to leave? Where are you trying to sell out, a flea market?

The local farmer's market. They have some awesome magic beans I got for a discount because bitcoin.

Good answer. LOL


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Daniel91 on February 26, 2015, 01:52:02 PM
Bitcoin's value needs to be compared to complete financial networks. Whatever it's current price is, reflects that value plus or minus any irrationality in the markets. The wisdom of crowds (https://en.wikipedia.org/wiki/The_Wisdom_of_Crowds) is a very relevant factor in determining correct value:



http://i.imgur.com/2LEqXv5.png?1



...And gives credence to this:


Until there is a fundamental problem with the technology or protocol I'm sticking with bitcoin.  Price movement alone is not a reason to give up on technology that solves real problems - international transactions and ending chargebacks.  Though I agree, if you speculated, it can be wise to get out with something.

Good Luck!

https://www.youtube.com/watch?v=WdrSP0V-KLg  



Very well explained.
Unfortunately, it seems that people usually don't think rationally when they making decisions about investments, shares, finances but very emotionally.
Value of bitcoin went down mostly because people reacting in fear and selling their bitcoin in panic.
when this panic mode is over and more ''big'' merchanzs accept bitcoin, value of bitcoin will increase again.
No, bitcoin will not be over soon, I don't think so.



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 02:16:56 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 02:25:11 PM
Bitcoin's value needs to be compared to complete financial networks. Whatever it's current price is, reflects that value plus or minus any irrationality in the markets. The wisdom of crowds (https://en.wikipedia.org/wiki/The_Wisdom_of_Crowds) is a very relevant factor in determining correct value:



http://i.imgur.com/2LEqXv5.png?1



...And gives credence to this:


Until there is a fundamental problem with the technology or protocol I'm sticking with bitcoin.  Price movement alone is not a reason to give up on technology that solves real problems - international transactions and ending chargebacks.  Though I agree, if you speculated, it can be wise to get out with something.

Good Luck!

https://www.youtube.com/watch?v=WdrSP0V-KLg  



Very well explained.
Unfortunately, it seems that people usually don't think rationally when they making decisions about investments, shares, finances but very emotionally.
Value of bitcoin went down mostly because people reacting in fear and selling their bitcoin in panic.
when this panic mode is over and more ''big'' merchanzs accept bitcoin, value of bitcoin will increase again.
No, bitcoin will not be over soon, I don't think so.



The bold text above appears to be true most of the time. People who end up being losers are the ones who let their emotions control their rational self. When making a decision that involves money and the likes, don't let emotions rule over you. Instead, make decisions based on factual things and be rational as always. Don't let the hype and the drama affect your decision.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: newflesh on February 26, 2015, 02:52:36 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM

Yeah if you're 'out' of bitcoin, you wouldn't keep coming back every day unless you've got some strange compulsive disorder.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 02:54:18 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM

Yeah if you're 'out' of bitcoin, you wouldn't keep coming back every day unless you've got some strange compulsive disorder.

Or a buy order/sell order in the market. That will probably keep you coming back everyday. :)


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on February 26, 2015, 03:26:21 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM

Try following the links in the OP. You might understand more then.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: AtheistAKASaneBrain on February 26, 2015, 03:38:20 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM

Yeah if you're 'out' of bitcoin, you wouldn't keep coming back every day unless you've got some strange compulsive disorder.
Everyone that claims to be out of bitcoin continues checking it and posting constantly which denotes fear of its resilience.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 04:50:40 PM
This thread has been posted over a month ago and yet he's still in here checking for bitcoin. Srsly bro, false alarm or still trying to get hold of your bitcoins because you realized that your statements are false?


Quote
Last Active:   Today at 02:15:06 PM

Yeah if you're 'out' of bitcoin, you wouldn't keep coming back every day unless you've got some strange compulsive disorder.
Everyone that claims to be out of bitcoin continues checking it and posting constantly which denotes fear of its resilience.

Just because some of the prominent names in the internet and possibly around the world states that bitcoin will fail doesn't mean it will really fail. And just because the price is declining doesn't mean that it will continue going on a steady downfall. How can you say that bitcoin would really fail without those links? Any further proofs or evidence that you have in there that might convince me?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: RodeoX on February 26, 2015, 04:54:05 PM
I think one thing that may case to bitcoin, I read Some where that BTC can be used for feeding Terrorist and other Illegal ways like black money transfer, laundering money etc. People can send their Black money any where with out being located.

~ OTS ~

That's correct. These are real facts not only rumors.

It is true. It's also why cash and gold never really caught on.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: bryant.coleman on February 26, 2015, 05:04:33 PM
lol.... a market cap of 4 billion USD means that BTC is still strong. And the total number of Bitcoiners is now in the millions. More than 100,000 shops accept Bitcoin. Bitcoin is legal in dozens of nations. Any more proof needed?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: AgentofCoin on February 26, 2015, 05:35:15 PM
Pretty interesting how worthless threads like this get many pages and responses that just compound upon each other.
If the OP is "fucking out", then why post and announce it to the forum? Just sell and disappear.
This is a thread trap.
https://static.fjcdn.com/pictures/It+s+a+trap_7bdafa_3804144.jpg



Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 05:46:00 PM
lol.... a market cap of 4 billion USD means that BTC is still strong. And the total number of Bitcoiners is now in the millions. More than 100,000 shops accept Bitcoin. Bitcoin is legal in dozens of nations. Any more proof needed?

Maybe the real man behind the name Satoshi Nakamoto? But nah, that's none of our business to handle.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 26, 2015, 05:46:43 PM
Pretty interesting how worthless threads like this get many pages and responses that just compound upon each other.
If the OP is "fucking out", then why post and announce it to the forum? Just sell and disappear.
This is a thread trap.
https://static.fjcdn.com/pictures/It+s+a+trap_7bdafa_3804144.jpg



Maybe some kind of strategy to lure out the weak hands and make some profit. Dunno but that's what I first perceived in this thread.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pawel7777 on February 26, 2015, 06:35:56 PM
Pretty interesting how worthless threads like this get many pages and responses that just compound upon each other.
If the OP is "fucking out", then why post and announce it to the forum? Just sell and disappear.
This is a thread trap.
https://static.fjcdn.com/pictures/It+s+a+trap_7bdafa_3804144.jpg



Maybe some kind of strategy to lure out the weak hands and make some profit. Dunno but that's what I first perceived in this thread.

Or maybe OP is not actually anti-bitcoin, maybe that's just sarcasm and his sense of humour?

Maybe that's why he has linked to satirical bitcoin obituary site and "You can't kill the Bitcoin" video?

Just maybe...


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: AgentofCoin on February 26, 2015, 06:52:51 PM
Or maybe OP is not actually anti-bitcoin, maybe that's just sarcasm and his sense of humour?

Maybe that's why he has linked to satirical bitcoin obituary site and "You can't kill the Bitcoin" video?

Just maybe...

Agreed, but is it 10 pages worthy? There are some interesting threads that get 2 pages max.

Now that I look at it, I think he made this post just to get his daily post in. He's farming activity, he has 580 posts and 580 activity.

What can I say? I'm a farmer of men.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: silverfuture on February 27, 2015, 01:08:45 AM
Pretty interesting how worthless threads like this get many pages and responses that just compound upon each other.
If the OP is "fucking out", then why post and announce it to the forum? Just sell and disappear.
This is a thread trap.
https://static.fjcdn.com/pictures/It+s+a+trap_7bdafa_3804144.jpg



Maybe some kind of strategy to lure out the weak hands and make some profit. Dunno but that's what I first perceived in this thread.

Or maybe OP is not actually anti-bitcoin, maybe that's just sarcasm and his sense of humour?

Maybe that's why he has linked to satirical bitcoin obituary site and "You can't kill the Bitcoin" video?

Just maybe...

Kudos to you pawel7777. It's nice to see that there are some who don't need their hand held when attempting critical reasoning and comprehension skills.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: paradoxal420 on February 27, 2015, 01:12:37 AM
I like how the first obituary says "Why bitcoin can't be a currency - current value: $0.23".

That's why it's still 800x the price from when it was posted, even though the market is at a low. .


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: ChuckBuck on February 27, 2015, 02:10:22 PM
You will soon change your mind.Bitcoin will last forever... :)

Dude, the OP is clearly being satirical, he's not saying Bitcoin is dead.  He's poking fun at all the non stop threads that say Bitcoin is over.   ::)

Love how the Bitcoin Obituaries link shows a price pattern and we're in the beginning of the trend reversal to the upside in 2015.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: 9kv on February 27, 2015, 02:31:01 PM
bitcoin can have value in other ways. however the currency might be over.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Lauda on February 27, 2015, 02:35:15 PM
Well since the people who usually talk 'bad' about Bitcoin all the time, can't be reasoned with, it would be best to completely ignore them it seems.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dothebeats on February 27, 2015, 02:38:22 PM
Pretty interesting how worthless threads like this get many pages and responses that just compound upon each other.
If the OP is "fucking out", then why post and announce it to the forum? Just sell and disappear.
This is a thread trap.
https://static.fjcdn.com/pictures/It+s+a+trap_7bdafa_3804144.jpg



Maybe some kind of strategy to lure out the weak hands and make some profit. Dunno but that's what I first perceived in this thread.

Or maybe OP is not actually anti-bitcoin, maybe that's just sarcasm and his sense of humour?

Maybe that's why he has linked to satirical bitcoin obituary site and "You can't kill the Bitcoin" video?

Just maybe...

Reading the links and watching the video again and again made me think that this is purely sarcastic.  ;D But my first perception really is about OP leaving.

Got me in there.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Shadow_Runner on February 27, 2015, 03:00:56 PM
Maya says bitcoin will die?  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: OpenOcean on March 01, 2015, 12:27:06 PM
Can I also get my farming in on this post? I need it a lot more than the person at the top LOL.

In all seriousness, all the headlines in the obituary are to sensationalize. I am disappointed about black and white Warren Buffet is with his distaste for Bitcoin. Like on every other security he talks with shrewdness and an open mind. On Bitcoin, he's so quick to criticize. That hurts me as a fan, not because I like Bitcoin, but because it's like watching LeBron James double-dribble in the playoffs (which he has done yo).


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: MEPHuk on March 01, 2015, 01:29:39 PM
Love these threads.. even though it cost's me a fortune in popcorn.. :p


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: nizamcc on May 07, 2015, 12:44:11 PM
So, the OP sees the price climbing down and thinks Bitcoin will end up soon, and so makes a thread and starts discussing?
Awesome, but what did it do the the price? Did it affect at all?
I don't see anything but stability in the markets nowadays, so happy with that.
I am speechless as the markets are themselves answering to the baseless accusations of OP.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: spazzdla on May 07, 2015, 01:55:00 PM
Soon like Blizzards soon? So like potentially.. never?

Like the game Ghost right?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: RodeoX on May 07, 2015, 02:00:17 PM
Soon like Blizzards soon? So like potentially.. never?

Like the game Ghost right?

Soon in geologic terms?


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: louise123 on May 07, 2015, 02:04:15 PM
LOL,
I have never seen that website before.
Or the video to be honest.

It goes to show that nothing can bring down Bitcoin and that has been proven from the start.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: ChuckBuck on May 08, 2015, 05:07:07 PM
Nice little bounce back day to above $240.  Guess we're not over quite yet!

http://wac.450f.edgecastcdn.net/80450F/thefw.com/files/2013/02/ahbed.gif


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: dopecoindude on May 08, 2015, 05:08:50 PM
Nice little bounce back day to above $240.  Guess we're not over quite yet!

http://wac.450f.edgecastcdn.net/80450F/thefw.com/files/2013/02/ahbed.gif

It is $245 and to the moon!  ;D


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: BTC_Superman on May 12, 2015, 03:24:33 PM
No one can bring down Bitcoin, fully troll post.  :P


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Daniel91 on May 12, 2015, 04:02:13 PM
No one can bring down Bitcoin, fully troll post.  :P

I'm not sure in this.
Other, more popular virtual currencies can easily replace bitcoin, everything involves over time.
Of course, in some way, BTC will be always here but if general public choose something else over BTC, in the near future, BTC will slowly die.
Its value is very unstable now and if falls very low most people will give up on Bitcoin and replace it with something else.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: thejaytiesto on May 12, 2015, 04:12:27 PM
The question here is, once BTC reaches ATH again and surpasses it, will Kleenex run out of paper tissue? I may be buying some stocks as we speak.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Bagatell on May 12, 2015, 04:14:06 PM
No one can bring down Bitcoin, fully troll post.  :P

I'm not sure in this.
Other, more popular virtual currencies can easily replace bitcoin, everything involves over time.
Of course, in some way, BTC will be always here but if general public choose something else over BTC, in the near future, BTC will slowly die.
Its value is very unstable now and if falls very low most people will give up on Bitcoin and replace it with something else.


Your post though strong on uncertainty and doubt lacks enough fear to persuade me.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: MicroGuy on May 13, 2015, 02:29:10 AM
bitcoin's obituary (http://bitcoinobituaries.com/)
further proofs (https://www.youtube.com/watch?v=WMQg546agpU)

As long as there are people that want to buy drugs online, bitcoin will never ever never ever die. imo


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: thebenjamincode on May 13, 2015, 02:37:37 AM
i think you will be back again because bitcoin is just starting to grow


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: pooya87 on May 13, 2015, 05:31:12 AM
people who run away at the first sight of fall in price and jump back in with the slightest rise in price, with their eyes closed are bound to lose money.


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: sana6801 on May 13, 2015, 05:41:57 AM
people who run away at the first sight of fall in price and jump back in with the slightest rise in price, with their eyes closed are bound to lose money.
they only care the price movement. When the price drops, they are spreading the negative rumor for the purpose of getting profit from their short position, vice versa!


Title: Re: I'm fucking out. bitcoin will be over soon..confirmed.
Post by: Kprawn on May 13, 2015, 07:26:44 AM
This thread was started in Jan, so you have to look at this in context to what happened during that time...

Most price watchers and day traders / speculators just got off a huge bubble and a major drop in the price, so people was negative and most of them paniced. {Mid Jan, the price dropped to $177/BTC}

A year before that, the price was +$ 900 --> So naturally people compared prices.

The forum and general outcry, was that Bitcoin was dead or duying... BUT here we are still going strong.  ;D ;D ....Since then, the price volatility has calmed down and stabalized.

We are also in a better place, with +/- 160 000 merchants accepting Bitcoins and some major companies using Bitcoin.

Stop watching the price... you will go crazy.  ;)