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D-oh of course it's manipulation it's all there is left of bitcoin.
When you have a product that is flawed and doesn't work... isn't secure, is slow, doesn't scale, isn't being developed, is owned 95% by less than 10 people, is technically controlled by those same people... and is still hyped and "worth" hundreds of dollars, you have to be some very special kind of ignorant wacko to think that's legit and not manipulated.
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bitcoin price now topping 750...doubt it'll drop any time soon  But then again...I've wasted so much selling the past few weeks...wouldn't mind a nice big dip to buy in again (and sell all these crappy alts when they rise as a result) Maybe look at the charts... it's comming down rapidly. |
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Good call. Dropping like a rock. How low will we go?
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We are talking about it but topics that tryvto point out flaws in bitcoin or the manipulation on the market are being removed.
The main reason i assume is either that the manipulators stopped for a bit or can't keep up with all the selling pressure as a result of the elections that promise to be disastrous for any crypto.
Add to that people are learning more and more about all the flaws in bitcoin and solutions of superior coins.
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Lol people calling themselves ambitious investors while hodling while the bubble is popping. Top class entertainment.
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Ahhh yez, that $800 (that never was) surely is starting to look like a memory indeed.
Lol what a joke. Crypto 2.0 is the future.
If you look at the 3 month chart the only thing anyone with eyes and a brain can see is this bubble popping.
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You talk like it's a thing of the past... The price is still tanking as predicted. And will continue to do so for the forseeable future.
I thought you were all so sure bitcoin could only go up up up with Trump being the winner. LOL
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Trump policy will not be helping Bitcoin or any other crypto for that matter.
He will crack down on bitcoin like it's a big crime syndicate. Bitcoin goes directly against everything Trump stands for both phylosophically and economically/technically.
Regulations will be extremely strict or it will be outlawed completely.
If yiu think otherwise you have no udea about who Trump is and what Bitcoin is.
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Mods are constantly deleting these topics but since so many news articles have come out, considering all are FUD doesn't justify it. China must be staking some major steps with regards to bitcoins which is a reason for the fall by $50.
China was a huge supporter earlier and now this makes no sense when we have come so far with regards to crypto currency.
It's not China, its bitcoin itself and this fake manipulated rally. If it was just China restricting crypto other coins would be plummeting too but crypto 2.0 coins are flourishing! |
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With China restricting BTC this fake manipulated rally has finally ended.
With crypto 2.0 rapidly taking over the market we are bound to plummet under 500 within the next week or two.
Oh here's a kicker... all the fundamental issues that bitcoin has, and of which we were promised they would be solved... they are still there.
Time to move to the future of crypto and leave bitcoin behind.
Half of my posts and topics also get deleted quickly, censorship here is crazy. Gosh i wonder why that is...
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Everyone that was here from the start knows what great potential bitcoin had, what a great idea it was.
We also know the current price says nothing and is pure manipulation by a few big players.
My idea is to hard fork bitcoin for normal users and put the big manipulators out of play.
We can remake bitcoin to invalidate the first year of all bitcoin. This would take away hundreds of millions of get-rich-quick money from these manipulators that are trying to scam us out of our money.
It sounds like an extreme idea but cryptocurrencies can easily survive hard forks as we've seen over and over.
We NEED to get rid of these overly rich GREEDY manipulators in order to SAVE Bitcoin.
We also need a new team of motivated and intelligent developers that can address the flaws Bitcoin still suffers, as current development has pretty much halted.
Bitcoin still has so much potential.
What do you guys think, how would this work out?
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Y'all completely delusional. This market is owned by a hand full of people. It's pure manipulation to get you to spend your fiat and make them rich.
Consider all the flaws in bitcoin at protocol level.
Bitcoin does not scale!
Bitcoin is not anonymous!
Bitcoin is a privacy risk!
Bitcoin is too slow for real world applications!
Bitcoin does not allow much more than just fake fantasy money unlike many smart dynamic blockchains!
Bitcoin is mostly owned and controlled by a hand full of people!
Bitcoin makes you suspect of illegal activities!
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Taking crazy profits in arbitrage here. Keep it up.
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Im amazed by the fact that my prediction is really turning out to play! I've watched the market for trading for over 2 years now, and finally have a sense of how the things are going to happen.  As of today speaking: The price is currently set across exchanges between 630$ and 640$. A price correction is possible in the upcoming days, HOWEVER: The Chinese exchanges are currently stepping in on the run. Whether the price will increase further or a price correction will follow, will depend on how the Western and Eastern exchanges play this out. De rise to this level has been solely made by Western exchanges, with the Chinese bidding a bit behind, since now the bidratio on Huobi is around 50% and BTC-e's still above 53%. BTC-e's bidratio has been decreasing the past 2 days, however the chinese bidratio is only rising since yesterday!!!! This could be the start of an amazing period for traders Yea... except for the fact that your prediction didn't play out... geez... it looks like every single bitcoiner is delusional... |
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I've been warning for this for years but nobody seems to care. Everybody is blind and greedy eventually making them lose everything they have because the system and economy around bitcoin will soon collapse rapidly.
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So mempool backlog has been exploding again. With almost 100k btc awaiting confirmation and people waiting hours/days for their transaction to be included in a block, how do you guys think this will affect the price and adoption of bitcoin? Will it be resolved, if so, how?
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Sorry but with 100k btc mempool backlog this isn't going to happen... People are waiting for hours if not days for their transaction to get into a block...
Really the revolutionary fast digital money of the future eh? And we're not even trying to process any amounts close to even one small real world payment processor...
It won't be long now before the whole thing falls apart...
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Unfortunately for bitcoin it comes way too late.
Companies, venture capital, banks are already switching to superior networks like eth and monero.
Bitcoin is slowly dying a quiet death. Every day there are less and less people buying bitcoin and more selling. Even worse, every day there are less and less transactions on the network.
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Accumulation phase. This won't last.
It's indeed accumulation time, but more for the late comers and the doubters who don't have the balls to buy when the price is dumped down. Big players have done their accumulation at the time the price was considerably lower than today's price. I guess your name says it all. All i can say is anyone buying bitcoin is a fool. ETH is rapidly taking over the entyre crypto economy and even banks are now integrating it into their systems. I suspect it to overtake BTC before the end of the year. It's basically doing everything we all wished for but was never realized by the community and devs. We just witnessed another massive move into ETH out id BTC. 2% of the entire btc economy just got transfered to a better system in mere minutes! |
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Ok....whatever u say boss..
U sound like one of those guys who said bitcoin would never go to $1000 when it was trading @$12 .....hehe
It never really did... just because everyone was using one exchange that got messed up by a bot doesn't mean it was actually valued that high by people... Even people qho claim to have sold at the top (funny how many claimed that in the first place) were never able to get their fiat out. *POOF* aaaand it's gone. The real value people trading those ranges got was exactly or near $0. |
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