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1001  Economy / Speculation / Re: Hong Kong Issues Warning About Bitcoin on: February 10, 2015, 11:43:32 AM

Hong Kong central bank, not Hong Kong though.


That is the title of the article.

You are right. It's a pity that for mainstream media, central banks and a country are the same and only. :/


Oh no a central bank gives out a warning lol

They always have our best interests at heart don't they, creating money from nothing causing our hard working paper to lose value.

This to me is a signal of hope and that they are starting to be fearful  Cool


Edit: No, honestly, after that warning most likely a ban for the local exchanges will follow. Thatīs the way how they deal with it in China. An official warning is almost the same as a ban. If the exchanges donīt shutdown out of free will, they will be forced to do so in the next weeks.



You think that there will be a massive sell-off?

I have no idea, but i would guess it will start slowly and cascade more violently within the next 2-3 days.

I wonder how the market will react if bitcoin goes to double digits.

With more panic and hate towards bitcoin.
This upcoming total collapse is what I've been warning people about for a long time.
1002  Economy / Speculation / Re: Hong Kong Issues Warning About Bitcoin on: February 10, 2015, 11:37:44 AM
Big bank issues  a warning based on fake news... Nice...
Prepare to fall below $200 today. This will trigger some good'ole panic.
Nice event to short all the way to sub $100
1003  Economy / Speculation / Re: Bitcoin and Altcoins - Up or Down? on: February 09, 2015, 12:04:23 PM
If you really want to make money, get into the top alt coins right now.
Im not talking petty stuff here, I'm talking making tens of millions with only investing maybe a hundred dollars.
Get in on the action before you miss the boat.

Bitcoin is only going to zero, get your BTC out now and invest in the bright future of your life!
1004  Economy / Speculation / Re: I have a bad feeling (we might 'never' see this cheap coins again) :( on: February 08, 2015, 03:55:21 PM
Lolwut?
Are you watching the charts?
We are still crashing, and it's accelerating as we speak, we will be below $200 within 12 hours probably, big volume of dumps happening and growing.
Very likely to hit $150 upcoming week.
1005  Economy / Speculation / Re: The hardfork will make Gavincoin plummet to zero on: February 07, 2015, 07:13:11 AM
It's not completely without risk, but i did some more reading.
It seems this will be very carefully planned in phases, yet unknown when.
It's also the only real option we have for bitcoin to make it future proof.


I would like to have seen a more 'smart' solution though than just increasing the blocksize. Something that will automatically scale on demand, like the difficulty.

All in all it's not as bad as some here would have us believe.
1006  Economy / Speculation / Re: It's looking worse and worse... on: February 06, 2015, 05:00:51 AM
It's looking better every day. At least things are moving, I can't stand the slow bleeding out anymore... For a few days now, things are quiet again, but I'm sure we will enter the final correction sure. People are now super-eager to get this over with. Even Especially the bears!


The show is just getting started.
Probably a big chaos, but a bleed out is also possible for many more months.
There are so so many hacked and scammed coins (estimates are well over 15% of current supply) that need to be sold. Enough to completely obliterate bitcoin from all crypto charts.
1007  Economy / Speculation / Re: ❢❢❢ How many coins is a lot? (Finally, answer inside!) on: February 05, 2015, 09:50:41 PM
Appreciate the approach here Smiley
1008  Economy / Speculation / Re: Bitcoin price to rebound to $250 ? on: February 05, 2015, 09:14:57 PM
The hard fork cant be that dangerous ... can it

Not at all. For a hard fork to be successful it needs almost full concensus, meaning something like 99+% adoption.

A lot of people don't agree with the changes involved, so they won't adopt the new protocol, which will cause two separate chains and double spendable coins. Which chain will merchants and exchanges use?

Also it will cause a massive increase of growth of the blockchain, cause miners to stop and spam to increase.

No problem at all... lol... another day in failcoin land...


EDIT:

Did some more in depth research on this.
Apparently it's not all that bad and it will be carefully and timely phased in.
It's an important step to make bitcoin scale better.
1009  Economy / Speculation / Re: Bitcoin price to rebound to $250 ? on: February 05, 2015, 07:57:42 PM
Extremely unlikely.
It will crash hard even before the hard fork.
Bitcoin will basically be completely unusable and destroyed after the fork.
1010  Economy / Speculation / Re: Here we go, china dumping massively on: February 05, 2015, 06:53:19 PM
We just had a small taste of China.
Prepare for more soon.
1011  Economy / Speculation / Re: It's looking worse and worse... on: February 05, 2015, 06:52:19 PM
Sunday target indicates to be around $160
1012  Economy / Speculation / Re: Spent over 1000USD on: February 05, 2015, 06:51:22 PM
If you don't want to lose more, sell now. This is the best price you'll get for it.
1013  Economy / Speculation / Re: Wall Street keeps warming up. on: February 05, 2015, 05:00:16 PM
Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.
Therefore, you are out for good. Therefore, you have no reason to stick around. You are here, so at least one premise is false. Therefore, why are you here?

To short and make huge profits...
And to warn people that are over invested, of which there seem to be a lot...
Get out before you lose your life's savings...!
1014  Economy / Speculation / Re: Wall Street keeps warming up. on: February 05, 2015, 04:46:05 PM
Lol stop the bullshit already with your tulip scam. People are done with bitcon.
It's only going to crash harder and harder as i have been predicting time and time again.
We've seen another beautiful example just earlier of what the future looks like.
1015  Economy / Speculation / Here we go, china dumping massively on: February 04, 2015, 07:17:06 AM
Price falling below 200 within the hour.
China is dumping massive amounts.
1016  Economy / Speculation / Re: Bitcoins price on: February 03, 2015, 08:39:42 PM
I think were a steady ride up but there could be a big dip if the 20mb fork comes in, it would be temporary though.


Temporary? I'm sorry but it will totally destroy bitcoin and the economy around it.
Smart investors are aware of this, hence the massive selling.
The speed of this current crash will only accelerate and bitcoin should be happy if it still ends up with the highest market cap of all coins around the point of the fork, which i seriously doubt.

Why would anyone with half a Brain invest in such a crippled system? Specially when there are fully functional alternatives out there that resolve all these issues from the start...
1017  Economy / Speculation / Re: Will Bitcoin fall further before it rises again? on: February 03, 2015, 08:21:12 AM
That 'before it will rise again' is a huge assumption of epic proportions...

It is extremely unlikely it will go up again, next generation coins are taking over. The bitcoin economy is slowly collapsing but will soon accelerate.
1018  Economy / Speculation / Re: Will Bitcoin Reach $300.... on: February 03, 2015, 08:06:44 AM
Lol... No...
To be clear.. There is no bullish trend.

We are expected to drop quite hard this week and upcoming weekend.

Big dumps and panic incoming.
Fasten your seatbelts!
1019  Economy / Speculation / Re: BTC Price Drop on: February 02, 2015, 08:17:31 AM
This is nothing really, there are some huge dumps coming like we've never seen before.. Causing panic and even more decline than ever before in the process.
1020  Economy / Speculation / Re: STRONG BUY on: February 01, 2015, 12:12:09 PM
Lol dropping like a rock and you're talking about strong buy...

Panic sell incoming you mean... We'll break $200 tonight and then its panic time, new lower lows since 2014.
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