This is the speculation forum so lets speculate.

When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.

Most people = the 1% that knows what Bitcoin is (and the 0.00001% that voted on that geek ass website).

i like too see more the full chart, there is something familiar

If it goes to 160-180 range and then bounces back up again, that should signal a double bottom. Right now my buy order are placed just above the previous low and there is a likelihood that bitcoin price will test those levels again. So it's a good and bad scenario depends on how you look at it.

People call this strategy "a good strategy" but also "bag holding" and tell people they have gambling issues. If you actually invest in BTC in the longterm and only invest what you're willing to lose, this strategy does indeed make a lot of sense!

lol, very nice OP but to me, the dog kinda looks Photoshopped on the car, is it Photoshopped?

Enjoy.

Bitcoin mining centralization has been a point of concern in the community for a while now. People are worried that the growing size of mining firms will continue until one of them attains 51% or more of the network’s hashing power. Although a firm holding the majority of the hashing power would not inherently compromise the network, it would certainly centralize the creation of bitcoin and the confirmation of transactions. Such centralization opens the door for a 51% attack, in which a nefarious actor initiates a double spend. This particular attack is highly feared in the Bitcoin community, because a successful double spend would ruin Bitcoin’s reputation for being a trustless monetary system.

They suffer from second child syndrome.

I've been reading a lot about the royal baby about to be born and it made me think. Can this be applied to crypto as well? In particular alt coins? Read the passage below, does this sound familiar? Is this why there is so much FUD and rivalry? Do you agree? This is another reason why I don't believe these coins have any future. Their older siblings stole the limelight.

"... when your second child arrives, the experience is not so new. You've been there, done that. So what if your second child stood up for the first time, you've seen that before. However, it is still a first for him, isn't it? But because you've seen all this you probably fail to recognize this, and many more such achievements throughout, that makes him feel less recognized and unworthy. He may thus also begin to develop resentful feelings for his sibling, which may lead to sibling rivalry."

Read more at Buzzle: http://www.buzzle.com/articles/second-child-syndrome.html



Please note: All Truth topics are moderated to ensure we stay on topic.

It doesn't matter how they're doing it: Coins being sold always means that someone paid money for those coins - money that maybe would have entered the open market in some sort. It always leads to a decrease in buying pressure!

I don't know about other chinese exchanges, but OKCoin seems extremely stable. I'm pretty sure that BTC-e will be gone in 2016 tho

i would buy some  and i would increase my buying the more we fall, we shouldn't fall too much in theory, we should floating around 150-200 in the worst case if another crash happen, but i'm confident that the previous crash(180) will not be surpassed

Yeah, that would be terrible, sure. But it wouldn't surprise me much. This is still very much 'amateur hour' like many people like to call it. We need more insured and regulated exchanges!