No let's discuss it hereI say 2020 Why? Mining will be near impossible without big dedicated corporations investing millions. Mass-adoption would be well on it's way. |
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I was shorting last night when out of nowhere the LTC price went from $4.3 to $5.2 and LTC/BTC from 0.0985 to 0.1020 Now I lot a few percent of my winnings and am butthurt a little  I believe that the market wants to go up no matter what the TA says. This is probably no more than a weekend dip. I would advise against shorting for two reasons. - A lot of people are triggerhappy for the next bubble - For the greater good :> |
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I honestly don't think we're going much lower than 490 in this particular correction. But there will of course be more severe corrections later on. I think BTC can gravitate towards 500 for a while.
Indicators disagree, daily stochastic RSI is around 80 meaning overbought. I hope it does go up |
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I started with Bitcoin 4 years ago. At that time it could be used on a handful of sites.
Now I spend more with bitcoins than I do with fiat. Pulling out my credit card when buying something online is very rare.
Price != Bitcoin
Start using it, the price is irrelevant.
If the price is $0, still irrelevant? How can you use it then. So price not irrelevant? Claiming that the purchasing power of bitcoin is meaningless is a silly statement. If the price is $0 it can also mean that the dollar is dead. |
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Everything influences everything.
Neither determine the other.
Miners can stop if it is no longer profitable.
The cost of mining can determine the sales price.
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the posted pic is not funny at all it's not the fault of the kid that he is retarded  I agree, immature and no respect for the people. The difference between the threadstarter and the kid. The kid was born that way and can't do anything about it. The threadstarter chooses to be a retard. |
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How bitcoin reached 1000$ in past?
People buying causes people to buy. Some poor sucker bought the top one  |
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Buy as many coins as you can, and don't sell any. Tell everyone you know (and don't know) to do the same thing.
If you do want to sell some, make sure all of your sell orders are set at ridiculously high price points. (E.g. $999k, etc.)
If everyone did this, price would skyrocket fast.
This is the way to go!!!! You can buy my coins for €999k/btc  (P.S. I will probably regret selling at this price ) |
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Devaluate all Fiat  |
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This thread is really stupid. How many people got their money out of Gox or banks that go south. If you're lucky (like us dutch people) the govenment guarantees you first hundred thousand euros. Not all countries are that nice. How people think crashes work ------------------------------------------ YEAH!!! When a bank crashes all people will put their money in Bitcoin. How it really works ------------------------------------------ CRASH!!!...... Get your money out quick ... Shit site is down, ATMs offline ... Bank is closed .... Money is gone and liquidity is sold out.... I'm poor HELP!!! .... Tough luck suckerrrrr!!!!!! No money for bitcoin |
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Get a country to use 100% bitcoin and advocate true democracy. Fiat will be illegal Then make sure this country turns into a role model for the rest of the world.  |
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Something I realized today:
What makes bitcoin any different from a ponzi games that we see in the gambling section?
In those games, you send your coins to someone and he holds it until someone else sends coins and then pays you, in the end no one sends him coins so payouts stop and the last guys who have coins in it don't get a payout.
How is bitcoin any different? You bought coins, someone buys them from you waiting for someone else to buy them and keeps going like that until no one buys them, or less people buy them so they end up losing their money.
Bitcoin is a decentralized ponzi scheme with no central authority. You f*** over each other by selling "bitcoins" to someone else who hopes someone else buys them from him.
You know I'm right.
Disclamer: I am not holding bitcoins any more.
I am taking my money and leaving while I'm up.
Good luck.
so, how is fiat not a ponzi? no one really wants dollars, they want stuff. once the last person refuses to accept worthless paper for stuff, the bagholders will have worthless paper. everything is a ponzi if you look at it like that. Fiat isn't a ponzi because it isn't an investment scheme. Fiat is a store of value. "A Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator" Fiat is an IOY based on trust in a government (and ofcourse the fact that countries suffer of "Tragedy of the commons" where we "overgraze" our economy and try to sustain our stupid lifestyles, or simply don't care about the govenment because "other" people should do something about it) Bitcoin doesn't have an operator an thus is not a ponzi scheme. It does look like a ponzi since people market it as a sure thing..... |
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Marketing, mass-adoption, interplanetary-use |
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Some think falllling is a troll but he might be right. There's something wrong here. Bubbles come when you least expect them. too many people are expecting this bubble, it doesn't work like that. The market is not clear, if we are in the capitulation phase, despair phase to follow and a lot of people will get burned.  Nice chart. If anyone still don't think we are in bubble territory after seeing this chart. Read this: http://en.wikipedia.org/wiki/Tulip_maniaYes our graph looks exactly like the Tulip Craze (which only lasted 3 years)   |
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No trading fee doesn't mean it's free They probably manipulate the spread to receive income..... |
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TS .... Autism runs strong on this forum |
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I would hate to have a lot of money invested in bitcoin right now, it would definitely be hard to get a good night's sleep. I'm sure a lot of people are getting tired of seeing their investments struggle and gradually lose money, and are probably cutting their loose to sack it away in the stock markets or spend it on newegg.
Yes it's a fun time to learn to trade. Made 18% profit by trading and got caught hard whilst sleeping. Mistake in risk management  Luckily still 8% profit in a few days which isn't bad. |
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bitcoin is going to nowhere but down!
lower and lower! the final capitulation incoming!
I don't know why you let this retard be. He's worse than Westboro Baptist Church or arabs killing in the name of Allah. Even those sometimes take a break. Fallling has been proven to be a true prophet, many claim him to be a hero in here. Every trader is looking up to him! Show me where you have been proved a prophet. Fallling has atleast been a consistant dickass and has been shouting that bitcoin will go down. Even though i don't agree with his vision he has proven to be kind of right since we are in a long bear phase. All bitcoin bear phases are long so it"s easy being right. It is a matter of time until he is proven to be wrong, we hit a new ath, and we never hear his name again. |
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Is it me or is it foolish to go long in a downtrend like this  You are lucky you hit what looks like a W formation (trend change). Btw I'm also a newbie trader |
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