I hope so! Then I can buy more cheap coins.  at more than 800 USD, unfortunasly. it can loose some 100 USD, but not 200 USD. $800USD? I'd be all over that. Unfortunately we haven't had a real buyable dip since early November, unless you count late Xmas eve and Xmas day when everything was closed except a few overpriced ATMs in 24-hour convenience stores. Maybe we'll get lucky and have a flash crash below $900, but I wouldn't count on it. Nothing to do but hold. Last 24 hours clearly indicate a change of direction, that sub $900 is coming faster than you think. |
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Sooo... 95% of all bitcoin is contained in 120,000 addresses. I need more info. Those 120,000 addresses are controlled by 5 people? How do we get there kwuk? Look.. this is statistics 101. You have to use the same distribution for all addresses if you don't want to make more assumptions than needed. No matter what you pick as address distribution per user, the outcome is economically horriffic. Our fiat system looks like a friggin diamond compared to bitcoin when it comes to coin distribution. Also when comparing these numbers from prefious years, it only gets worse, confirming the already clear manipulation by the whales. |
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5 people owning 99% of BTC is owned by 5 people??? just wow! when i think you can not come up with more bullshit you go and prove me wrong. well done sir
You can yell bullshit all you want. Facts are facts. You realize anyone can investigate the blockchain right? We can see where the coins are concentrated and which transactions correlate to eachother in regards of usage and accumulation. Show us the evidence. Don't just tell us and expect us to believe. I'm sure you've already done the work required to back up your statement, so showing us the work should be a simple thing. As you can see here 95% of all btc is contained within 0.17% of all addresses. |
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5 people owning 99% of BTC is owned by 5 people??? just wow! when i think you can not come up with more bullshit you go and prove me wrong. well done sir
You can yell bullshit all you want. Facts are facts. You realize anyone can investigate the blockchain right? We can see where the coins are concentrated and which transactions correlate to eachother in regards of usage and accumulation. |
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Prepare for free fall guys. The manipulators have taken enough of your money for now and will let the price plummet again to 300-500 levels in order to play the same game all over again.
Anyone thinking this is a free market is delusional. 99% of all coins owned by 5 people lol.
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Agreed, I think we are way undervalued and when people see that think that they should be selling for $2000 not $900 then the price will continue rising. Today was faster than is usually healthy but we need to get up to $1000-$2500 and stay there for a prolonged period. If we do this then more and more good stuff will be developed for Bitcoin as the economy will be significant enough.
We are undervalued indeed. When its all said and done, bitcoin is an unique asset and no other asset can deliver a similar experience. Once we solve some problems and release segwit into the wild then we will have a package strong enough to defeat every other asset and currency on the planet. Governments fear segwit and thats why they are paying people to shill BU and be anti segwit, but we will win. Yes... very unique with its forks and hundreds of clones of which some vastly superior and in the progress of taking over the bitcoin economy. For anybody claiming bitcoin is in its early stages of adoption, you clearly know nothing about technological advancement. Maybe finish highschool first before shouting all this nonsense. |
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Why would i want to give somebody that i love an asset with broken fundamentals that is overbought in a hyped pyarmid scheme market? Unless i really really hate them of course...
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It's not crazy at all considering the level of manipulation and scamming going on, what surprises me is the apparent sheer number of people willingly getting scammed.
It IS crazy however considering all the flawed protocol fundamentals. But nobody looks at that, all most people here care about is to be on top of a pyramid scheme.
may i ask you a serious question? i once saw you post that you have made very nice profits by selling at the peak months ago. doesn't it make you one of the people you mention in the bolded part? i am sure you have made nice profits this time as well. if you strictly look at that, you aren't any better than these people you seem to throw a lot criticism on. I don't claim to be any better unlike many here that try to sell bitcoin as a revolutionary technology which it could be but isn't for this very reason. |
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There is a: no reason for it to go up. B: Many reasons for it to go down.
Hello kwukduck Can you ever develop a little bit your ideas? There is no reason for bitcoin to go up? Why? some people talking about a delayed effect of the halving, other talking about the devaluation / drops of the fiat, etc... Many reasons to go down? A part from people selling their coins to make a cute profit, can you tell another reason? At protocol level bitcoin does not scale, is too slow, energy inefficient, not anonymous. Those are core problems that need to be addressed for a stable and durable cryptocurrency to flourish and last. Other crypto 2.0 is rapidly taking over from bitcoin as they solve these problems while butcoin development has basically stopped. |
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It's not crazy at all considering the level of manipulation and scamming going on, what surprises me is the apparent sheer number of people willingly getting scammed.
It IS crazy however considering all the flawed protocol fundamentals. But nobody looks at that, all most people here care about is to be on top of a pyramid scheme.
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in today bitcoin price can stable in 900 dollar/bitcoin
but in end year bitcoin price can up until reach 1000 dollar
if down can reach 800 dollar
Maybe stick with the translator? There is a: no reason for it to go up. B: Many reasons for it to go down. So no we will not see 1000 during Christmas or any time soon. How about we fix the fundamental protocol problems first before shouting dumb things about unrealistic and overhyped greed prices? |
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This is two things. Manipulators playing the market and newbies falling for the same scam all over again. Bitcoins fundamentals are still flawed. It doesn't scale and is not anonymous by any means.
Your choice if you want to be stupid and get scammed out of your money by buying into this scam.
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If it can go from 1300 to 200 there's no reason it can't go from 800 to 500....
You don' need a complex analysis for that.
We have less active traders now, demand is shrinking, weaknesses of the system have been exposed for some time now and alternatives are on the rise. Hell it could even go to 50 in a matter of hours once one whale starts dumping.
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I am so glad I have been a bitcoin bull for 5 straight years now. Feels good to be right and laugh in the face of the infidels and altcoin pumpers.
My friends though I was mad. Not so mad now Well if you hadn't been a bull for 5 years you could have made a helluvalot more profit on bitcoin. Reality is a bitch. |
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This is looking more like some fundie spiritual religious site every day... This isn't about crypto anymore, it's about who is detached most from real life and has the greatest delusions.
I'm glad that for some of you reality is kicking in though, we've seen expectations go down from 10000 by the end of the year to 6000 to 3000 to 1000 to 800.
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Shouldn't have said anything man... Now you made it crash.
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Even if we have some idiots still don't understanding we need segwit, the price is still rising and we are soon going to pass 778. If we had segwit activating faster, this would be more fuel for our rocket and we would reach moon 10 times faster. But the upraise cannot be stopped no matter what. ATH in new year guaranteed.
Boy... somebody is greedy for profit... you almost sound like all the other failing prophets here. |
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Yea we just need that killer app. You realize bitcoin is already operating at maximum capacity right? A big influx of new users would cripple the entire network. It would quite litterally be the "killer" app.
Bitcoin DOES NOT SCALE! When do you guys get this?
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Nope this will not happen anytime now, we still have to wait on it and I do not think it will happen in this year anymore, it will most likely happen in the beginning of the next year.
Yeah sorry but people have been saying 'soon, no really, this time it will be really soon' for years now. It's like Christians that have been saying Jesus will return soon for 2000 years now. Gosh another similarity to religion, considering bitcoin is sort of a religion full of blind and ignorant followers that's not so surprising. |
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LOL better start to wonder what will happen if the prophecies of $1000 in December don't come true.
Last time, and all the times before, we went through such a failed mass delusion prophevy we had a significant crash.
I would say a crash between now and January next year is pretty much guaranteed as all of your 'to the moon' predictions, again, didn't come true.
I'm detecting a pattern of failed 'to the moon' predictions here.
Time to wake up sheeple!
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