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All indicators are pointing up: venture capital, wallets and addresses created, amount of transactions.
Do not get fooled with the price going down, things are moving up, and sooner or later it will translate into the price.
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That is all well known and makes the whole crisis now even more of a joke than it actually appears at first glance. What doesn't make sense to me is why they weren't thrown out of the euro straight away when this was found out?
It doesn't really explain why the Greek tragedy could mean global disaster either? They could be the first domino, but otherwise I doubt they will cause a global disaster.
A panic on the investors side and a weak can cause issues for the other mediterranean EU states (financially not much better than Greece) what can trigger similar social upheavals like in Greece, and neither the Italian not the Spanish economies are something what the rest of the EU can manage without suffering a similar meltdown like in 2007-2008. If the EU goes into depression that will have a negative effect on the Chinese and Indian and only God knows on what other economies as well and then nobody will buy US treasury bonds... So everybody going to be in deep shit. Agreed, there is no economy strong enough to rescue several others. The century old global fiat bubble is eventually going to explode, but... Somehow the complete meltdown keeps getting delayed: How much longer can the party last? Five years on the outside, but the economic meltdown will be slow and painful. Capitalist elite parasites will use every trick in the book to prevent their system from failing, and they've been doing this for a long time, they're good at it. The meltdown is here already but we doesn't notice it, it's slowly going on without people reacting and one day boom the bubble explodes. New world order will happen sooner or later people say but it's already here. Robotic human beings slaves to the technology, look at the new generation (2-15 year olds) getting into it way to deep, 2 year olds with Iphones - moron parents.. Technology is good, it depends on you use. We'll slowly become half cyborgs like it or not. All these technologies are part of us already. |
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I'm an anarchist + capitalist, meaning anarcho-capitalist.
Meaning a clueless suburban American kid who knows jackshit about capitalism or anarchism. Most if not all anarcho-capitalists are well off guys. If you were to be born in a poor ass place chances are you would not be an anarcho capitalist. |
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Lol wife comes with if you buy fast!! House is propably crap he wants to get it sold so he sell his wife, what a society..
You didn't read it. It's not HIS wife. The woman, who was the owner, agreed to be listed with the house because she was single and looking for a husband. It's still insane. What kind of offer is that? A house and a person bought with money as property? lol what a crazy world. |
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If i was running a mining operation I wouldn't tell anyone, you can't never know how the authorities will take it.
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~2 years ago, I remember at least one or two colleges/universities had Bitcoin related courses.
Any reports of Bitcoin being taught at your school?
...or talked about?
Naw no way. I don't know anyone IRL that know what Bitcoin is, im sure if I could check what they are teaching in my school now there's no traces of crypto talk. |
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I would like to see Bitcoin in games like WOW. Or maybe an alt that can be traded for BTC since BTC doesn't sound too "wow-ish".
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I think I agree with you. The ISIS may use that phrase, but then if we use it because that's what they call it, it should be "ISIS's alleged Islamic Holy War." Because yeah it's totally crazy. Terrorists always self-appropriate all these grandiose terms like "holly war" and in their twisted POV it seems they legitimately believe it so. |
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Good catch. All those people being hopeless really resemble the 2011 crash. It's also good to remember people never expected bitcoin to even reach 1 dollar back then. |
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All people saying they will leave Bitcoin are surely keeping an eye on the price quite regularly.
If the price shows signs of recovery to older price levels these people will come back.
All these "goodbye" posters are nothing but guys that sold their coins and are scared that while they are away the price goes up again, so they stay around spreading FUD. |
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Lets see if we will go for new lows this time.
Nothing changed, this dead cat bounce was just bigger than the others.
It's the weekend, during weekend a correction is always expected due the decrease in volume, some people have lifes outside of trading you know. |
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The current fiat system works under the premise that it is a closed source system, controlled by few that can modify the total supply. It would be the same shit all over again, and the alternative would still be Bitcoin.
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I am not sure where Bitcoin will stand in two years, but at the rate of adoption and considering how many companies do invest, I see a good time coming.
I see it like this: In 2 years, consolidation of Bitcoin surviving this horrible crash from the bubbled price, proves it has a solid future. In 5+ years, we go 10K due mass mainstream adoption. |
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We would need a ridiculous level of cooperation and synchronization to pull this off OP if im understanding correctly what you mean, I dont see it as very realistic.
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Auction of 50,000 btc hath taken place and no price dump wot ith going on I woz hoping to buy a couple at 250 wot dose the price think its doing going up like that the auction woz supposed to dump the price not height it im so angry
and now im forced to buy at 300 im just so angry
Hmm not sure if you're drunk or you're into something, but let's go back to the topic. The winner(s) of the auction are definitely not that dumb to immediately dump their coins in the market. They, of course, will wait for the right timing and the right profit they see, or even hold in the long term. No big dumps will happen sooner or later. They will hold, and may dump those coins once they consider the price as nice profit. Bitcoin exchange itBit is one of the winners (3,000 bitcoins). I think they might just hold it as reserves. http://www.coindesk.com/bitcoin-exchange-itbit-us-marshals-auction-win/Never heard of that exchange before. Who knows what will they do judging by past experiences with dodgy exchanges. If they sell soon they will cry later anyway. |
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I do not see it falling to $50 during our life time.  We are headed to 600, lol at 50. These guys should quit their FUDster jobs, its over buddys. |
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Did we see much price increase correlated to the last halving? I don't think so. But perhaps that rate (from 50 to 25) still wasn't enough to cause a shortage of supply over demand.
Well if the price didn't increase, I assume that there is not enough demand to account with the then reduced supply. This statement is based on what I've learned so far from this thread.  Price is not a valid indicator right now, too much confusion and potential big agendas trying to keep it down so they can keep eating cheap coins like hungry whales. |
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The price will be huge (1+ million per coin) the price would be really stable and you could sleep at night knowing you would wake up with the same price.
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In theory, bitcoin could incorporate any feature from any codebase. It could move to cryptonote even, if a consensus majority agreed. Which they never would, for obvious reasons  Your most important two words are "in theory". Bitcoin could possibly survive adding features from branches of it's own codebase, but even if a coin added ring signatures etc to the bitcoin codebase inheriting changes this fundamental and large would arguably destroy the trust in the protocol. It's obvious you don't think cryptonotes features are worth having in crypto-finance, but there are many many of us who believe they are not only worthwhile, but essential. It may not be Monero, or cryptonote, but some blockchain that offers solid simple fundamental privacy HAS to exist. It will never be Bitcoin. This. It has been said before, Blockchain cant adopt ring signature technology, it would need a major rewritting of the code, fork.. tons of stuff that are not good for the stability of the network. Bitcoin doesn't need to be what it isn't, that's why both Bitcoin and Monero have legitimate value. |
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All these miners that aren't saving up a decent amount of Bitcoin monthly will weep later on when the price sky rockets.
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