ok virgin boy

Haha, that is not what I said at all. I still think bitcoin is here to stay and eventually it will head "to the moon"... but a common sentiment around here was that 2014 would be the year of bitcoin, which I'm assuming means the price will continue to rise from last year's momentum. I just don't see that happening yet. I think we're gonna continue in the $700-900 range for months, maybe even for the rest of this year.


All I am doing is holding, trading alts to increase my overall BTC count, and buying small amounts when it falls below $650. Like I said in the OP it was $635 when I was writing this and it's been up since then. Seems like there's still a strong resistance at the 650 mark which is pretty impressive considering all the shit going on.


That's true

Weird, recently I thought about Scrooge McDuck swimming through gold like in this scene...then I realized he was actually swimming through Bitcoin, not gold. Gold is solid, there's no way he can freely swim through a bunch of solid coins.... but you can swim through bitcoin since it doesn't really have a form. He must have been an early adopter

I'm listening to this sweet and pleasant song right now  


http://www.youtube.com/watch?v=utXz08ICZg4

That depends

This is what I've been starting to think too. It's not like LTC has features that surpass other alt coins. And more importantly I'm not hearing anything about the dev involvement, for all I know they may ditched the coin.

Are we at 300 satoshi yet?

1, 2, 3, 4, 5, 6

I agree and I'm bullish for the long term but not this year my friend, not this year. At least not for the first half of this year. FUD is too strong, too many weak hands holding bitcoin for a quick buck.



Well I hope you can prove me wrong but I wouldn't bet on it.


So wait, you're both calling me dumb because your speculation is different from my speculation? Because I don't believe we'll see the same trend that we did on 2013? Get the fuck out of here

I know this is only February. I made a thread on December 2013 saying we're gonna be on a sideways journey for a LONG time (long as in most of 2014) and I still believe that to be true. You guys are the dumbasses thinking we're gonna have exact same patterns as the years before. Things are different now. The reason we even broke 1000 was because of China, but now they're kinda out of the picture and not contributing to the price like they were last year. There are a lot more noobs holding bitcoin that will panic sell at the drop of a pin. The market cap is much higher now and the money needed to cause another price hike is significantly more than before... right now there is NOTHING in the near horizon that will attribute to that. Maybe if we are lucky we will hear a giant like Netflix or Amazon say they want to accept bitcoin, but it's unlikely for that to happen in these unstable times, and even so the jump won't be as significant without a huge amount of money coming in.

Do you remember the crash on July 2011 that took over a year to recover? And the crash on April 2013 which took 6 months to recover? That recovery was quick thanks to China's fake bullish stance and the US Senate hearings which cleared up the fear of bitcoin being banned form the US. So what makes you think we will just magically recover form this bubble? We need something extremely significant to happen this year for a recovery and rally above the ATH of 1240 and that may not happen until the end of 2014 or next year. People will not find bitcoin very attractive this year with all this FUD going around and rumors of exchanges halting people from withdrawing money.

Let's not throw out insults like a 12 year old just because you disagree. You obviously have no counter argument besides "oh look at the chart on feb 2013"!

I should have sold when it got to 5 satoshi... I was waiting for 6..... GREED got the best of me again!! Now we will probably go down to 2, fuck

Wow, everything is fucked... i'm just gonna leave bitcoin alone until the summer, hopefully things will be calm by then

Everyone's expectations after 2013 were just way too high. This is the year of FUD! Mark my words, we're gonna be riding a shit storm all the way through the end of 2014.

This is the year that's gonna test your will and shake off the weak hands. This year will weed off the people who jumped into bitcoin thinking they will earn a quick buck, those who thought bitcoin's price just goes up every year like it's a pattern set in stone. I'm sure a lot of them jumped off by now thanks for mt. cox (btw-- the price is $635 right now... imo a good buy even if we go down further). The ones who remain will be the ones who believe in bitcoin for the longterm.

Let's be honest here... 2013 was the year of bitcoin. 2014 not so much... I think 2015 might be the next "year of bitcoin" ...Wrinklevoss ETF and Wallstreet might trigger the next rally, and that won't happen this year.

Did you expect everyone to safely ride the train to 10k? No. Only the ones who take the risk and hold on might enjoy the ride to $10K.. and even that is not a surefire bet anymore.

I bought at 3 and now its at 5.... I wonder if I should sell or wait til 6.... hmmmmm


I only have a tiny amount tho

Uh.. is this coin dead?

I bought at 23... now its at 13... should i just kill myself?

For those telling me to diversify, I have diversified into other ALTs as well... I'm holding on to 3 other ALT coins and every single one of them made me lose money. Honestly if I did it over again I would just hold on to my BTC, everything else seems like a gamble or maybe I just have terrible luck.

I'm really hoping I can at least get my investment back from LTC... but LTC hitting 30 again seems almost out of reach




Yes but were there as many other Alts that were a threat to LTC? Were the dev teams a lot more committed and active back then?

What do you mean by attack (aka DDoS attacks)? and what are the implications

I am holding way too many at this point, and I bought in at $30 stubbornly waiting for the price to go back to $30 since..


Now as each day passes I am getting more and more skeptical of that ever happening.  From what I understand, the reason LTC is so popular is because it was one of the first ALT coins we had and it used scrypt algo to shield itself from ASIC mining..... now we know that LTC is not safe from ASIC mining, and coins like VTC pretty much do what LTC was meant to do and are a major threat to LTC. Are the devs for LTC even active or working on new developments/features? Are there any plans to further LTC's adoption?


I guess I just want to see if there is any hope for this coin, and if I'm a fool for still holding on to this coin.


Please respond

Jk... i'm sick of seeing this new generation of cyber begging that bitcoin has created. Keep the begging for the homeless


If you have MEOW or TOP post your address and I will donate (sorry, i'm keeping my BTC and LTC)





edit: actually my kittehcoin value dropped over 50% since i last checked... i don't really wana donate anymore -- ABORT thread! *runs*

No offense to the devs of this coin.... but the fact that Jordan Fish (cryptocobain) completely disassociated himself from this coin is kinda sketch. I guess he wants to keep his crypto reputation, but he's still one of the devs for this coin and he is acting like he has absolutely nothing to do with it after the less than perfect launch.


Also, Max Kaiser may have some pull and influence... but he is really making this coin look bad and sketchy with all the BS he's saying on twitter...  

"Buying #maxcoin at these prices is like buying Gold at $250 or BTC at $10. Count yourself lucky launch gave you this rare opportunity."

Does he think his followers are complete idiots?