What does it all mean? How low will it go? Does this mean it's still better to buy btc or invest in mining gear?
who knows... just watch it go down, go sideways, then trend up again. and beware of fake reversals aka the dead cat bounce. |
|
|
|
You forex "Experts" or Forex wannabee make me laugh so hard. What you saw in bitcoin price can be charted all the way back to June of last year. the same thing has happneed over and over month for month the past 7 months. There are no fundamental analysis in bitcoin possible, there is no demand for the coin. Anmd how ironic I told this whole community back in June if someone does not get off their ass and create a demand for this coin it will tumble it will fall, and if someone with 1000s of bitcoins in thier wallet doesn't wake up and do it now those 1000s of bitcoin will be worth pennies. Call me what you want, rationalize this however you want. But for ALL OF YOU idiots on here who do not UNDERSTAND currency trading let me give you somne clues. in order for a currency to hlde true value it MUST have a demand, in order for high dollar investors to really get involved, there MUST be a demand. THERE IS NO REAL DEMAND FOR BITCOIN. gambling is NOT a demand, anonymity is NOT a demand, have the ability to anonymously look on porn sites is NOT a demand. Ask yourself if you were a multimillion dollar investor, would you rest hundreds of thousands of dollars in an investment where the best thing it had going for it was a bunch of gamblers and porn watchers? NO YOU WOULD NOT!!!. SO why do you expect real multimillion dollar investors to. where are the bitcoin devs? why do you never see them here? why dont they even support their own community of believers and invesdtorts. Oh yea thatys right they are in the Bahamas drinking mixed drinks showering them with the fruits of our labor. opening their Ipads once a week to seemingly work on the "protocol" which has no problems at the present. They need to get their priorities straight. Bitcoin lost everything it had going for it when Satoshi disappeared. these jokers who took over were just another get rich quick bullshit scammers. And that is why bitcoins price is never going to rebound Unless the community does something. For em I would not do a thing for bitcoin. I would do something usefull for Dogecoin than Bitcoin. At least the Dogecoin devs are trying to make a demand for thier coin they are not just sitting on thier ass waiting for a handout. Gavin Andresen said it all when he released his stupid ignorant slap in the face to all bitcoin investors by telling new people NOT to invest in bitcoin. No matter how youb look at the add to a technological idiot it says DONT BUY BITCOINS!!! For you developer lovers and peons who want to defend the Bitcoin devs and the people involved in bitcoin heres I CALL BULLSHIT. ANd I call your bluff and make you look stupid by your own people now   Stop defending the Devs like they are some kind of Gods, its thier responsibility to create a demand for the coin its been 6 years time for them to go to work. Its thier job to make sure the coin succeeds, time to go to work. Its been 6 years no more infancy, no more bullshit DO YOUR DAMN JOBS DEVELOPERS!!!! it's not the devs' job to create demand. what do they know about business, markets and economics. their job is to improve the code and explore other possibilities and uses for the protocol. the companies who are building on top of bitcoin should be the ones marketing it and creating demand for it since their prime motivation is profit and creating a btc ecosystem. |
|
|
|
For those who are wondering, I "invested" in Ripple, before even the creators knew what it was going to be.
Jed had an amazing track record, and back in early 2012 he asked for some money to try to create something new and Bitcoin related. Thus, my investment in Ripple was born. I don't really see it as a competitor to Bitcoin, and I suspect there are at least 1,000 if not 10,000 developers working on Bitcoin projects for every 1 developer working on Ripple stuff.
exactly. |
|
|
|
|
for a project that has a legit dev in peter todd, this sure behaves like a pump and dump coin.
|
|
|
|
|
other projects have gotten way more funding than that.
|
|
|
|
Bitcoin has dominated all other cryptos. Without Bitcoin, we'd never be where we are today.
But Bitcoin is now old tech (that's my view). Bitcoin is incapable of being a global currency (either today or in 100 years' time).
And as Bitcoin becomes less and less dominant, can other cryptocurrencies now diverge independently from BTC?
Pretty much every cryptocurrency of significant market cap has danced in step with Bitcoin. Until now.
From the market over the last week, we can see the beginnings of alt-coins decoupling from the Bitcoin monster. It's sad to see Bitcoin dwindle away and so many people lose their money, but it has to happen this way. Bitcoin cannot do what we need it to do.
i think we need new bit.FIAT implementations. bitshares and nubits are probably steps in the right direction. |
|
|
|
German Fidor Bank is already using the protocol. Ok, a bank is using ripple, but then again Fidor has only 39 employees and a market cap smaller than that of Litecoin.  you gotta start somewhere. |
|
|
|
15 BTC investments 1 Ripple investment i would say there is a good balance  it actually says quite a lot. |
|
|
|
or, mtgoxes.. it will not end soon, 800k btc..
Well if we have a 1 billion to one perfect storm scenario, and bitcoin drops as low as 10 cents, then you can put some couch change down at a million to one that Karpeles will man up and pay the lost gox BTC back ... i think you just outed his grand plan. karpeles would be free man, a hero! paid all back! haha. he'd be prolly be saying 'F U all, bitches!' |
|
|
|
or, mtgoxes.. it will not end soon, 800k btc..
Well if we have a 1 billion to one perfect storm scenario, and bitcoin drops as low as 10 cents, then you can put some couch change down at a million to one that Karpeles will man up and pay the lost gox BTC back ... i think you just outed his grand plan. |
|
|
|
I predict that Bitcoin will be worth $500 by June and we'll all be laughing at this thread.
circa 2013. guess what the experts were predicting for BTC for 2014? LOL |
|
|
|
So somebody is buying XBT OTC to keep the price down then selling on exchanges to push it further down, very smart.
the bitstamp hacker is prolly selling them for cheap OTC....? or, mtgoxes.. it will not end soon, 800k btc.. forgot about that... yup that's more likely as the dust already settled on that issue. |
|
|
|
Such people should be permanently banned.
Why? because some people invested a lot of their hard earned money in BTC. and watching your money go down in value sucks. this thread is not helping. again: banned? wasnt this crypto for all people, am i mistaken about that? oh... yes. i didn't say i agree to the ban. i was just trying to emphasize with the person who said it. watching your investment losing value fast sucks bro. |
|
|
|
So somebody is buying XBT OTC to keep the price down then selling on exchanges to push it further down, very smart.
the bitstamp hacker is prolly selling them for cheap OTC....? |
|
|
|
|
actually, speculators are holding fiat waiting to pounce back again. and who do you think was responsible for bitcoin to rise even above 10 bucks? ... or a buck even.
|
|
|
|
Such people should be permanently banned.
Why? because some people invested a lot of their hard earned money in BTC. and watching your money go down in value sucks. this thread is not helping. |
|
|
|
|
considering all the volatility in crypto and btc's downtrend, i think what bitshares and nubits are trying to do is a step in the right direction. i'm not saying their implementation is the answer. but i sure would love to see more implementations, and see what other projects can come up with as far as bit.FIAT is concerned.
|
|
|
|
how many STR have the facebook giveaway been giving lately? just wondering...
Zero. Because even if you invite 'Mark Zuckerberg' and he tries to link his facebook, they're still gonna say that his account is fake and deny any stellar. lol wat? |
|
|
|
|
until bitcoin stops being at the center of crypto, it will always have value. if exchanges replace altcoin/BTC pairs with altcoin/bit.FIAT pairs then we got a problem.
we keep looking for the next big thing in crypto 2.0, but bit.FIAT projects could be the next big thing. not saying it is bitshares or nubits, but i think, what they're trying to do could be a step in the right direction.
|
|
|
|
|
i think exchanges should start experimenting with altcoins/bitUSD pairs or altcoins/nubits pairs. i'd love to have some altcoin/fiat trading, but hate the idea of holding them in an exchange. the beauty of bitUSD and nubits is you can keep 'fiat' in a wallet you control.
edit: if some of you think bitUSD or nubits suck due a number of reasons, then it might be good to think about better bit.FIAT solutions. it could be the next big thing for all we know.
|
|
|
|
|
Show Posts
