will bitcoin die?
Bitcoin can't die even if its worth 0.01$ Yes like Andreas M. Antonopoulos said BTC can be worth shit and the system will still work. Antonopoulos is a genius. Not as genius as mmitech but still a worthwhile one  |
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+1001 It's way easier to invest in something cheap  WE WANT SINGLE DIGIT BITCOINS!!
Have you heard of mBTC? Cheap! It's FONSIE day today!!!! |
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Good morning people... Hope not all of you has SODL yet.
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Seems show is over for now. Good night from Greece, have a nice sleep.  |
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10000 pages on this thread by Monday...  |
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Trend reversal within the day. |
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The thing is it's NOT old coins. None of the old chaps is selling right now.
Just because the coins moved recently, it does not mean that they were bought recently. Some owners of old cheap coins must have moved them to an exchange at some point, but withdrew them when MtGOX started failing, and people realized that exchanges were not safe places to keep your one's hoard. Other old owners may have moved their coins to new addresses for safety or other reasons. If someone pays a small amount out of a large input, and sends the change-back to a different address, the age of those the change-back coins will be reset for the purposes of the change-back formula, correct? What if the change-back is sent to the same address? Finally, it seems that there is a lot of "fake" volume on the blockchain (coins moving between addresses belonging to the same person), perhaps from tumbling or hotwallet/coldwallet flow. For that reason, if someone sells a thousand 2011 coins, thus destroying a million bitcoin-days, he will barely make a blip on the chart (which oscillates between 2 million and 15 million BTC-days destroyed per day). If old owners have been selling a couple thousand old coins every day, we would not see it there. Your theory stands well as far as it concerns the semantics. Nevertheless, if you check with the charts all the spikes have been backed up with heavy price change (up or down). This thing is net dead. That means it's freshly minted OR -as you proposed- moved earlier into the exchanges. Now the 1M BTC question: "Would you entrust ANY exchange with your BTCs for say 4-5 months after the MtGox fiasco?" I rest my case. |
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Cheer up guys at least you aren't bagholding as hard as Tim Draper.
Tim Draper should buy some Ripple, far better investment lol when dev of one coin try to dump all his coin, i dont think its a good investment. mah87 is here... Bullish? |
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He bought at almost 600  Point taken |
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this price is so crazy, right after all the good news ? maybe this is actually good news, and make ppl interested to invest in bitcoin. hmmm maybe  And maybe there ARE Unicorns. You know, we have one here. He's called Oda.Krell Sorry Oda, couldn't resist what i see is someone try to corner the market... they sell... we sell... they buy... they win Not necessarily, I think you're missing the point here. What if you HODL!!!!!1? Cheer up guys at least you aren't bagholding as hard as Tim Draper.
And you know that... how? |
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it is so fantastic that i have never got any comments on my last (bigger) posts
it looks like nobody care , nobody says that it is bullshit what i say or anything else
You sold. You now have no effect on the market. Enjoy watching the show. If you really did, it's a bad call. Or a good call. But I will tell you with absolute certainty in 24h.... |
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this price is so crazy, right after all the good news ? maybe this is actually good news, and make ppl interested to invest in bitcoin. hmmm maybe And maybe there ARE Unicorns. You know, we have one here. He's called Oda.Krell Sorry Oda, couldn't resist |
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SO much fear, am I the only bag hodler here that isn't worried at all? As long as it remains above $100 I basically couldn't care less.If we retrun to double/single figures I'll be pissed off, but until then, this experiment is still a raging success.
No, it's both me and you together. I will not care if it goes $10 for that matter. Either you believe in something or you don't. There's no middle stand here. I will have to buy back my old coins that I sold back in 2012 though... which is... you know... GOOD! |
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maybe BFL is cashing out to pay lawyer Yeah, that too. Everything is possible. The thing is it's NOT old coins. None of the old chaps is selling right now. my coins was from 12/2012 , it was old or not? i sold some hundred 15 minutes ago i know i am weak A hundred coins mean nothing at this dump. Look at the charts. BTW: I own some coins from early 2011. I stil don't consider myself "old coiner". |
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Gentlemen! Three-fifty (350) Anyone else feel like DANCE PARTY?  me Paul, is that you?  |
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maybe BFL is cashing out to pay lawyer Yeah, that too. Everything is possible. The thing is it's NOT old coins. None of the old chaps is selling right now. |
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Interesting article. I had this feeling all along from the beginning of September. Called it at about 20 Sept. @ $380 as low (we bumped up after that). But there's a question: Why the price is going down? Just in case you missed it: https://bitcointalk.org/index.php?topic=178336.msg9076376#msg9076376We should seek the reason behind certain moves. Not judging from the moves themselves. |
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Yesterday we had 247 new members of bitcointalk forum. This is the lowest number since the last bubble started almost a year ago.
and many accounts from that above number are fake, in other words not really new adopters but rather from scammers (because Bitcoin is the heaven of scammers) and for advertisement and to sell later and... I´m not a scammer SPAMMER nor do I PLAN TO sellSPAM WITH them later, JUST IN CASE THEY BAN SOME OF THEM, but i still have around 25 other accounts FTFY, makes more sense now |
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That's it ladies and gentlemen. The party is over. Bitcoin was nothing but a ponzi scheme very well orchestrated and Shatoshi Nakamoto has managed to fool us all without hesitation. Pity for those that bought in late (at $1200), or those that bought at $1. We're all been into a delirium that somehow there's a way to save the existing economy and get to the next level of society with honest money, honest payments and greater and healthier global technology growth.
Go back to your caves now, sell all your bitcoins now while you can! It's the end game! SELL! It's your only chance to lose hope and never bother again. Have a happy life. There's nothing here! Go away and never come here...
Wait; are you still here? Still reading this?
Are you still hoping this will end well? That hunch that bitcoin will eventually make it? Good. Because that's what it's gonna be. Expect no less than those who held into the last pre-bubble; If you hold after a year YOU will be among the ones that won't be around chatting about the next price drop to new lows (around $4000/BTC). YOU will be into the next wave of chaps who's lives went north and now are devoted followers. This is a brand new world coming and it won't be delivered to the faint of heart. Believe and stay, or get your asses out of here as soon as you can. Right now you DO have a great alibi.
Cheers.
PS:
CCMF!!!!!!!!1
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