I was acquiring monthly, so most of it came after ~600$.
I guess that was an epic fail. Still believe in bitcoin, but I aint investing/hodling/considering startup ideas until some consolidation and less volatility. Boy I sure have some regrets, but thats life.
I hope thats a bullish sign for those of you left here grasping for straws
You've been invested for 1.5 years but your Bitcointalk account is only 9 days old? Riiiight. Troll detected. /Ignore I have been registered for far longer than you so you must be a troll too. Troll detected.
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Here's where you're wrong, its not hard at all to drop the price. Im fact it's getting easier by the day, the order books are getting thinner and thinner. A few thousand btc dump will completely collapse the economy. That same amount in a pump will only increase the price with like 50usd.
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k bai tnx for the cheap coins.
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You heard it here first. There's blood in the streets, and there will be a river. Sub 200 before the end of the day.
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Yes, it's scheduled to hit $300 on Friday...enjoy your week.
Yes, definitely, somebody is going to buy 30k btc... Sorry my friend, not going to happen, it's pretty much a bottomless pit from here on.
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That's what the order books look like. Roughly 30k btc needed to drop to $0, also almost that amount required to buy to get back to even $300. This looks extremely bearish to.
Will we stay here or where do we go NXT?
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We broke 260 which is an indicator of a further massive decline well into the double digits. Lets see if we break $60-70...
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By the time block reward halves we will have gone through quite some more drama and we should be very lucky if it can spike the price back to double digits again. I doubt there will be any market support though. Just look at the decreasing volume, its decreasing even faster than the price.
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Ehh no. There won't be a bottom anymore until it died out around a few cents. Call that a bottom if you will but it's not going anywhere from that point.
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True but for the wrong reason. The issue isn't securing the wallet.
The issue is people that hold bitcoin will lose all value. I think that's what he's really warning for, just obscured.
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The peak is at 110k transactions per day. That's 1/8th of the capacity. The very real threat of a hard fork and altcoins being so much more advanced and better is more likely dragging the price down. *crumble* *crumble*
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I agree. Bitcoin has become pretty much the opposite from what it stood for initially. I can only hope people will realize they are getting scammed and invest in the NXT best coin.
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I love the argument that backing development is just slow and bog changes are upon us. However true that may be, the market is already fckd up as it is, a hard fork will be the killing blow for bitcoin, it will likely cause the biggest panic sale we have ever seen in this market.
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You can not expect one hero of a decentralized currency.
This is true. Nor will you have any central bank to attempt to stabilize the price when it is in a free fall crash (like the ruble is now) Good thing btc isn't crashing right? Rubble lost 40% last year, bitcoin lost 70%, i think bitcoin outperformed the rubble by far when it comes to crashing.
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Well the predictions are still on track 3-5% decline daily.
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Under $10 is pretty much guaranteed within like a year time. And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.
Just curious, not trying to start a war or anything, but if you think Bitcoin is a failure, why are you posting on the bitcointalk forum? If it were me, and I had decided something was useless, I would just move on and find a new interest. It's more fun to hang out with like-minded people! The idea of bitcoin is good, the implementation is just horrible. Take a look at NXT and see a bright future.
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Still waiting for those convincing arguments guys...
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I'll say it again, there won't be an ETF, it's just what the scammers tell you so you buy their bag.
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Under $10 is pretty much guaranteed within like a year time. And no, there will be no recovery, bitcoin is outdated and shown to be ineffective technology.
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Now that the return of Bitstamp has proven not to boost the market in any way, i think its safe to say that even big players now realize it's done and only going down from here.
I think the return if Bitstamp was the only thing that could have boosted the value a little. Why do people keep talking about 'but the fundamentals dare there', no they are not, that's why we have 200 altcoins that are almost every one of them better than bitcoin in at least one aspect.
Bitcoin has a fail mining approach, PoW. Bitcoin mining is centralized. Bitcoin has failed distribution. Bitcoin has slow confirmations. Bitcoin development has practically stopped. Bitcoin blockchain is bulky, its 30gb how much if it would be adopted, impossible to sustain. Most bitcoin transactions are of criminal nature.
Please tell me why you invest still?
Colored coins? Not going to happen. Side Chains? Not going to happen. EFT? Not going to happen.
Enlighten me oh holy permabulls.
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