There is no way Bitstamp is able to covering loose of $5 million dollar! If VC funding as you say, then no VC going to burn money into such a hopeless business!
Please do the needful... don't be a stupid. withdrawal your asset from bitcoin exchange as soon as is possible!
Ok lambtroll  |
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It' pretty clear that in this first couple of months, it's going to $100... Don't be in denial... buy back in when it's around $100!
And the OP will slink away at the slightest hint of an uptrend. Not sure. None of the permabulls who were predicting $10K coins by 2015 disappeared, have they? You are still here too :p |
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You see, on 2013 the price always going up. Reaching 2 amazing all time high. While on 2014 the price only decreasing. And now we're under $300, just like early 2013.
2013 had two Bitcoin bubbles - the Silk Road drug bubble and the China exchange controls evasion bubble. The Silk Road crowd is in jail, and the People's Bank of China cut off the air supply of the China bubble. Another bubble would require a new use case for Bitcoin. None was found in 2014. Can't find another market as big as China. Price will continue downtrend until new market emerges. Interesting for two reasons. 1) the price is currently where it was before the Chinese mania. 2) you seem to forget the fundamental behind a rising price, increasing adoption. No new market must emerge for the price to rise tenfold again. |
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Really excited to see everyone shorting bitcoin lose their money when they should be accumulating as many as possible and go long.
Remember, people said this same thing all through 2014. "Epic short squeeze coming." That's not really how it happened, though. Sure, shorting $1100, or $800, or $400, was a lot better than shorting $260. But we may push much further down yet.... Not much, $285 left until the floor. The upside, on the other hand, is at least several times larger. eanie BTCabies have even more upside potential, since they're only worth a dollar at most these days. You should look into those too, just in case. I thought lambtroll was a little quiet. You sure have a lot of alts! |
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Bitcoin can barely go a week without experiencing a major hack. Remember the last time your bank was robbed and they shut down for a week and you weren't able to get any of your cash? Oh? Well, neither can I!
How's 'being your own bank' working out?
Since I store my own coins, fine thanks! You are sounding increasingly desperate. I suspect you know that your cheap coins are not going to come after all. Pity.  |
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...
The further down we go, the greater buy it becomes, given same or improving fundamentals. It has been a great buy since $600 for me, so just an amazing XMas sale of buy 1 get 1 free at $300... Looks like Bitcoin's getting set for another year of blowout sales Can you even believe your luck?! Maybe buying right now would give you 1.1 bitcoins free. Better than 1+1 . I try not to invest too much in abandoned beta projects. What's it up to now? 0.10.0rc1 after 6 years?  Why do you have funds sat on bitstamp then? |
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Hey macsga, i am travelling through Greece. Are you far from Athens?
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"How's BTC doing mate? have you dumped all our coins yet?"
"Nah, still 100-200k coins left, we'll pump for a few other $50 bulltraps while we unload and in a few months we'll be out completely"
"Sweet. Perma-bull bitcoiners still fall for these bulltraps tho? Do they still work?"
"Apparently, yes. We made a good job with the 2011 and 2013 shakeouts. So good that the cultists now think BTC will always recover from crashes and go up forever. Lmao"
"haha I know right?"
You serious with this crap lol? You've gone awfully quiet about ripple.. It's a joke dude, a joke about the fact that perma-bulls take from granted that BTC will go up forever just because it recovered in the past when all it needed what a small injection of new fiat to pump it. I mentioned XRP here when it was 0.0085-0.012 and is now at 0.021 after a correction, so? I made it clear in my posts that I don't necessarily think ripple the network IS the future I just think it solves big problems with BTC and the blockchain that make it not viable long term and it's a step in the right direction. I think if decentralised networks/currencies have a chance, the winner won't be BTC or all the clone shitcoins but something similar to what ripple THE NETWORK is doing. That's it. For all I know the project itself could fail. Or XRP the currency could be worthless while the network will be used by banks and big companies. I am not a shill for anything in crypto. I stopped talking about it (or anything else that is not BTC) because I was told by 50 different members that this is a forum/thread about BTC and to GTFO  Fair enough. Good trading. Edit; bot hoovering on finex |
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Wake me up when perma-bulls won't take for granted that BTC will go up ad infinitum just because it recovered from crashes/bear markets in 2011-2013 when it was ridiculously easier to do so.
It is actually just as easy for the last bull run to repeat as before. Easier given new leverage trading tools. Bulls expect gains because the fundamentals of bitcoin growth are strong and the long term multi-year trend is up. You are short because a line on a chart points down. Who is to say who will be right this year. But in the end retail usually loses. |
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You've gone awfully quiet about ripple..
Because he sold, duh. Neatly illustrating my point yesterday that he book talks constantly. |
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"How's BTC doing mate? have you dumped all our coins yet?"
"Nah, still 100-200k coins left, we'll pump for a few other $50 bulltraps while we unload and in a few months we'll be out completely"
"Sweet. Perma-bull bitcoiners still fall for these bulltraps tho? Do they still work?"
"Apparently, yes. We made a good job with the 2011 and 2013 shakeouts. So good that the cultists now think BTC will always recover from crashes and go up forever. Lmao"
"haha I know right?"
You serious with this crap lol? You've gone awfully quiet about ripple.. |
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...
Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing.
... Thank goodness for nanny state we can run to When Things Go Wrong Since when is maintaining the rule of law advocating a nanny state? |
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Well, no movement in the market so I guess this was expected and the general assumption is that there is no way to easily dump these coins on an exchange, etc...
well there is really, it's simple, send them there and dump.... How the exchange reacts is a different story. If you had 18k bitcoins you could place orders with fiat low down the order book, send the coins to exchanges and crash them nto the order books making sure to catch your own orders. chances of you getting caught or the exchange reversing the trades are high though Yeah. And back in reality these coins are in the public eye with a probable criminal investigation ongoing. You think the thief is going to try and crash the market without anyone noticing? Or just link up their bank account an swan off scot free? They will probably get away without getting caught. But those coins won't be sold on exchange IMO. |
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Frankly the future of bitcoin wallets lies in multisig web wallets that are insured. Bitcoin has to be as simple as using hotmail.com.
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stmphax coins moving
Doesn't matter where they go. Unless it is back to stamp in a deal they aren't being spent on an exchange for a looooong time. I'm not so sure. Just move the coins around a bit, wait for distributed exchanges to pop up, then slowly unload. Traditional law enforcement is simply not incentivized to put a large amount of resources into tracking down these kind of criminals. I mean, it's not like they stole from an organization that has lobbyists in Washington or anything. Could be true. But in the sense that the coins are unlikely in the short term to reach an exchange I think their effect is neutral. What happens when stamp opens is interesting. |
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stmphax coins moving
Doesn't matter where they go. Unless it is back to stamp in a deal they aren't being spent on an exchange for a looooong time. |
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sell btc and withdraw fiat
Buy btc and withdraw btc. Or nothing. |
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Wake us up when any 2.0 tech has any utility as s currency or store of value.
Meanwhile bitcoin is currently a scary great buy IMO.
No attempt at trolling, but really: again a great buy? Even you as a permabull must admit this has been said the entire ride down so far. Talking about going down: how much are you down Inca? I wonder. Well the coins I bought in second half of 2014 are down. But they are offset by the larger number of coins bought in first third of 2013 which are still massively up. Let's be honest bitcoin has had brutal bear market. Who knows what has driven it so long and so low (just a few actors I suspect). But if you treat bitcoin as a binary outcome (false dichotomy I know but they are the only outcomes which matter to me) and don't invest more than you can afford to lose then btc is a scary but amazing buy right now. Anyone buying coins in the 2011 bear market was ridiculed just the same when btc was 2 dollars. By trolls like OP and people sounding sensible but just being plain wrong like Edward50 or Nagle or XiaoXiao etc. |
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Thank you for confirming my thoughts.
Next 5 days are critical
Care to repost your recent price chart with the future guessed on it? |
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The question is: Does $280 makes you hope again? or should say Are you ready to get scammed again?
Yeah we are ready to get scammed again once the ponzi inflates to $10k it would sure then deflate and you can come back with your bouncing cat picture just on a different order of magnitude scale. Keep your efforts up, I'm sure it pays.. somehow. that means you, and many others are just gambling for the next ponzi bubble (unlikely, since there is a huge inflation and others 2.0 better techs are coming out) to get rich quick? Of course (through your broken English), you are aware that bitcoin has exponentially falling inflation? That the rate of inflation halves roughly every four years? Wake us up when any 2.0 tech has any utility as s currency or store of value. Meanwhile bitcoin is currently a scary great buy IMO. |
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