2015 is sick year for bitcoin  Sadly there's no cure, terminal sickness will hurt a lot of people when it finally dies... When it does maybe a lot of people here with crazy anarchistic thoughts will realize why money is regulated in the first place... |
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coinbase is going to drag us to 1k per 10btc yes...
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After coinbase' trick, we will continue or downward spiral even faster.
Bulls have come back from a cold shower now and will probably panic sell around the 200 mark tomorrow or friday, accelerating bitcoins demise.
I'll just warn you guys again... get out while you still can...
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Here's the fun part... This is exactly what is going to happen with the upscaling plan, increasing block size limit. It will be a total clusterfuck in a last attempt to save bitcoin, completely obliterating it in the process...
It will destroy the entire bitcoin ecosystem and the trust of everyone out there that still sees potential in bitcoin, which by now are not a lot of people any more anyway...
I can't even believe they just want to up the limit instead of implementing a smart dynamic mechanism like some superior alt coins do. If you plan to fuck it up anyway, might as well at least try to really improve in the process...
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I think the comment section on those articles clearly show there is no going up for the value of bitcoin.
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The upswing broke the 2 month trend, but the down swing reversed the indicators again and it looks like the initial down trend is to continue strongly.
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...I can't believe satoshi didn't address this severe limitation.
You're either disingenuous, a fool, or both. Note: It can be phased in, like:
if (blocknumber > 115000)
maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
And: http://gavintech.blogspot.com/2015/01/looking-before-scaling-up-leap.html[done feeding the troll now] Ah yes let's do a hard fork... You know what an utter total mess that would cause at this stage right? Could have done that in the early days, but not any more. I for one won't support a hard fork as it would just be another alt coin. It would no longer be bitcoin. |
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Very good news, now even the winkelvos guys are lying about bitcoin.
It fundamentally can't handle any relevant amount of transactions to ever become a real world payment system of any significant size.
The only way around it is to do off-chain transactions, which kinda blows away the whole point of bitcoin... I can't believe satoshi didn't address this severe limitation.
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Yep, it's going strong... Downwards...
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Well yea... People expected the moon, they got another exchange, so, like i said... dead cat bounce...
We will be back around 200 if not lower within 24 hours
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Maybe ome more run up before it all comes down again, but i don't think so.
Seems the short bounce ends here.
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I never thought it would hit the 290 mark tonight and still hanging in the low 280s; unreal unless the news for tomorrow actually drives the market up for a change. I just don't know what to say.  -  It's one of the most obvious signs of a dead cat bounce. Perfect moment to sell, we will crash quite hard within a few hours. I can tell you that much. Swings like this are unsustainable. |
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At this point we pretty much have a guarantee to drop down to the 30-60 USD range within 2 months.
The worst thing, it's also pretty much certain there will be no return up.
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I can't see this fake ETF sht last much longer so probably down.
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I'll say it again.... The ETF is a lie.
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Casual correlation:
1) Winklevii have long been trying to establish an ETF (COIN)
2) Recently, the Winklevii would like to start a BTC exchange (Gemini)
=> Winklevii may not be as optimistic as they once were regarding COIN, so now they look to start an exchange as a place to put their coins to use.
I hope they are at least diversifying all these Bitcoins into other crypto projects. All eggs in same cryptobasket = bad idea. Also exchanges are a thing of the past, at least centralized ones. Yes let's waste money on scam coins, great idea! Sorry, i lolled hard with this one. |
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Also consider, none of these investors are getting into bitcoin. At best they get involved with companies that deal with the bitcoin ecosystem. So it won't affect the price at all.
So you assume the market is unilateral and has no spectrum? Really? Of course there will be investors interested in holding bitcoin, they will use different paths to get them. Paths that are already there for years and as such we can not expect there to be a big movement in that regard. |
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Also consider, none of these investors are getting into bitcoin. At best they get involved with companies that deal with the bitcoin ecosystem. So it won't affect the price at all.
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The site is fake so... Yea... None... To answer your question.
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