"Andresen said he is not abandoning Bitcoin. He is only handing over core development responsibilities so that he can take up a bigger role as the currency’s chief scientist."I think you need to read the actual article buddy.
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Hiya sparky! How ya been? It's been awhile! Today is April 8th, did you know that $448 - $266 = $182? Uh oh... you're slipping! We have a 100% (rounded off) chance of retesting $266 +/- $100 margin of error within the next 2 weeks You made your prediction on the 30th of March, which means you have until April 12th to be at $266! You're slacking buddy... I'm still waiting for my $266 coins. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.colourbox.com%2Fpreview%2F3914144-852512-stopwatch-in-hand-isolated.jpg&t=665&c=ARm1Rx0tTTOcZQ) On the double! More FUD!
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Do you dipshits even know what you're talking about? In June 2011, the priced crashed from $32 down to $2. He was right at the time. it took bitcoin almost two years to go back up to $30. I think Bitcoin is a fantastic deal @ $450 IF you plan on holding for years. In the short term I think it will go down. Hopefully not that far this time.
Dipshit? Coming from a 40-year old day-trader who had to move back to his parents? In 2011 when bitcoin crashed from $32 down to $10, I though it was an excellent time to buy. Then it went down to $2 and didn't come back up for months. I held on, but I had to move back in with my parents to do so. in my 40s. You guys think something like that can't happen now and I don't think it will, but it absolutely very well could happen. At least we can both agree on bitcoin being a fantastic long-term investment. But try not to call of some of us long-term holders dipshit from your parent's basement mmmkay? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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The reason why BTC was pumped? SPECULATION. There was NO infrastructure at the time of posting. No adoption. nothing.
Bad decision making? It's not. It could have went the other way as well. The system doesn't work and the 1% dumps their 30% on your investment and you lose.
It all depends on your definition of a "good" decision. If the decision is extremely risky but makes you rich, is it the only "right" decision?
"It could have went the other way" is like saying that some of us early adopters were rolling a dice... when in fact we saw exponential growth right through the volatility and flatline, and stuck to our guns. A good decision is defined by foresight, and judged by hindsight, clear and simple. Someone can wail all they want about how bitcoin is not worth more than $7, but the market doesn't see it that way... they're left behind, and in hindsight, they actually let their fear and negative emotions get the best of them. When cryptocurrency reaches a trillion dollar market cap, we will see once more who has made the right decision.
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Oh look, another shorter. Ever heard of VC, Wall Street, ATMs, Winklevoss, SecondMarket, etc. etc. etc. I'm going to quote you from 2011: What I can not understand is who in there right mind would pay over $20 dollars for this currency at this point in time? $30 dollars is just plain rediculous.
Knowing that you can buy only very little with bitcoin, and also the big fact of knowing that most of bitcoin is owned by a handful of people who could dump at any time, you have to be crazy to pay more than $7.00 a coin. You could've picked up those $30 coins, but you chose to stick to your shitty attitude and missed the train. Owned! There goes credibility Huh.. At the time of posting, his post made a lot of sense tbh. Now you laugh, but the Chinese did unpredictably pump BTC from $100ish to $1000 in less than a month.. Now we're going back down. Truth is, Bitcoin is still a ponzi pyramid, with 1% of the owners owning 30% of the coins... His post made a lot of sense? Yeah okay, it makes sense to miss becoming a millionaire... and people like him are always trying to rationalize why they miss the train. It's bad decision making. Period. In chess, when a player makes a bad move, it's a fucking bad move, there's no way around it. There's no "It made a lot of sense at the time." NO! A bad move is bad decision making, and keeping record of OP's sentiment about bitcoins, it's no surprise that he failed. The difference between the early adopters who stuck it out and made it, and the fearful who flinches at every rumor, is the ability to see many moves ahead. OP can't see VC, Wall Street, ATMs, NYSE, NASDAQ... Being short-sighted will always lead to checkmate, and it looks like OP doesn't see the entire board. Bitcoin is a ponzi pyramid? Don't forget that fiat is a ponzi pyramid too: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fupload.wikimedia.org%2Fwikipedia%2Fcommons%2Fa%2Faf%2FU.S._Distribution_of_Wealth%252C_2007.jpg&t=665&c=kBu6D6f5Th1p5A) So let me ask you this: what currency system isn't a pyramid, and actually works?
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This is my wallet: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstatic.guim.co.uk%2Fsys-images%2FGuardian%2FAbout%2FGeneral%2F2012%2F2%2F21%2F1329841143814%2FA-Brydes-whale-007.jpg&t=665&c=1hOQZAHm5Wfjbw) I think you meant to say that it was a pic of you... But I don't live in the sea and my diet doesn't consist of krills and planktons.
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This is my wallet: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fstatic.guim.co.uk%2Fsys-images%2FGuardian%2FAbout%2FGeneral%2F2012%2F2%2F21%2F1329841143814%2FA-Brydes-whale-007.jpg&t=665&c=1hOQZAHm5Wfjbw)
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Hiya sparky! How ya been? It's been awhile! Today is April 7th, did you know that $446 - $266 = $180? It's getting closer! ... I've shown you my math, why don't you show me yours? We have a 100% (rounded off) chance of retesting $266 +/- $100 margin of error within the next 2 weeks You made your prediction on the 30th of March, which means you have until April 12th to be at $266! I'm timing you! 4 laps! Chop chop! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.colourbox.com%2Fpreview%2F3914144-852512-stopwatch-in-hand-isolated.jpg&t=665&c=ARm1Rx0tTTOcZQ)
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Oh look, another shorter. Ever heard of VC, Wall Street, ATMs, Winklevoss, SecondMarket, etc. etc. etc. I'm going to quote you from 2011: What I can not understand is who in there right mind would pay over $20 dollars for this currency at this point in time? $30 dollars is just plain rediculous.
Knowing that you can buy only very little with bitcoin, and also the big fact of knowing that most of bitcoin is owned by a handful of people who could dump at any time, you have to be crazy to pay more than $7.00 a coin. You could've picked up those $30 coins, but you chose to stick to your shitty attitude and missed the train.
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Personally, I lost all of my BTC, originally had 5 BTC, turned it into 7 BTC, lost some on a bad trade, lost 45% of my BTC on Cex.io adding "futures options", which I had no idea they were doing(my fault I know). Then I accidentally did a max bet on Just dice and lost most of it, got like .2 BTC left right, then coinex gets hacked rofl... so im down to abotu .05 BTC total.
Despair.Yet another sentiment data point indicating that we are near the bottom of this bubble collapse. You obviously failed 7th grade English/Grammar class also. Please educate yourself on Tone/Moods of sentence structure. Sigh, fucking idiots in here like usual. Anger. Negative sentiment prevails. Bottoms are characterized by a lack of buyers. I cannot imagine a situation that would induce you to buy more bitcoins. Yet that, I believe, is the wisest course of action. In the morning, when the store hosting my neighborhood Robocoin ATM opens, I will buy some more coin. Alright, I will assume you are an inteligent person. How many times have you legit been angry at something someone said on the internet? About .0000000001% of the time right? Guess what man, this isn't one of those times for me, and no one and I mean no one on these forums have ever made me angry. People here are way too lame to actually get me riled. Now I will respond with vulgarity when I believe I am speaking with someone who is actually better of 6 feet under. Since you still want to say I am exhibiting anger, I will once again call you wrong and claim you failed 7th grade English/Grammar class and I will add further; you have most likely failed all English/Grammar courses all through high school as well. Yo buddy, this is a bitcoin speculation thread, not a therapy session. Stay on topic okay?
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Cool contribution bro, contribute again.
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You're kinda derailing your own thread here, buddy.
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You're the one who keeps on about it, you should really stay on topic bub. This is a speculation thread, not a "Lets talk about how someone lost their money and bully them thread". ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) What do you ever mean? I merely pointed out that you lost money as a result of your incompetence, which in turn leads us to speculate that you may be incompetent in other areas, such as forecasting analysis. That is merely logical, I see no bullying there. Are you sensitive?
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you should really try to stay on topic, this is a speculation thread, not a I-lost-my-money-and-now-I'm-taking-it-out-on-the-world-thread.
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You're an idiot because you are trying to troll someone who is smarter than you in the sense of word play. Quit wasting your time, you aren't proving anything and you lack the tools to communicate effectively.
Losing my BTC is my own doing, if I didn't list it here you legit wouldn't have anything to say because you can't actually form an opinion on what is going to happen to BTC. So you focus on demeaning other people. That is like level 1 trolling dude. Get on my level.
easy there tiger... that nasty temper is going to lose you another 3k worth of investment yet.
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Why do I have to reconfirm something that I already confirmed to begin with... Are you retarded???
IDGAF if you wanna pretend you are sorry for anyone losing coins, its money dude, stuff like this happens. I personally couldn't care less. I only mention it so people know where I am coming from. I never said I was off board either, are you fucking dense? I support BTC you fucking idiot.
sooo... you lost your money not just once, but several times because of your bad judgment... and I'm the idiot for pointing that out? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I lost roughly 45% of my BTC due to Cex.io randomly putting Futures Options in. Which created a panic sell and I went from having aabout 7 BTC to like 3.6 or so. Then I transferred it all over to Just Dice, and accidentally held down the C key when I meant to hold down the X key. I bet there all the time for small amounts, X decreases the bet, C increases it. I am not in any frantic loop, if you actually take what I said and analyze the tone/mood of my words(which you obviously can't because you flunked 7th grade English/Grammar class, fucking idiot), then maybe you would understand.
Why do people pay me to be a Planning and Forecasting Analyst?? Gee three guesses and the first two don't count.
Not spreading FUD you fucking moron, you are saying I am, just because you say it doesn't make it so. Fuck off.
oooh them fighting words... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) So you just reconfirmed to everyone that you lost all your coins because you're incompetent... Doesn't that tell the rest of us that you are incompetent in other things as well... like forecasting analysis? I'm sorry that you've been robbed of your coins and is no longer onboard... but that doesn't mean you should take it out on the world.
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After price $250 usd, I will take my profit about 500000 usd, and all my money go to my bank account in Russian bank, there is my money 100% secure and guaranteed. and you still buy Bitcoin and live in fear. If you think bitcoin is going tank, then it's logical to cash out now. Why wait for the $250 and lose profit? ... I know why, you are scared that the train will leave the station the moment you jump off don't you?
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