So that's why it is crashing.
good one! |
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People need to stop posting this diagram like it's the gospel.
Jesus H. Fucking Christ
this chart and the btc is a ponzi "argument" will prevail as long as btc exist i´m afraid |
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a ponzi scheme is a criminal scheme, where the fraudster promises high returns and actually pays those high returns with the money of new participants/victims to older participants (repeat, repeat...)
do you see that is going on with bitcoin?
with no fresh money a ponzi scheme COLLAPSES instantly. and it only collapses once, then it is over.
when no one buys bitcoin (=no fresh money) bitcoin price goes sideways, not collapsing.
yes, there were bitcoin price collapses (when people sold), but if you find me an acknowledged ponzi scheme that has ever collapsed more than once i pay you half a bitcoin. do you think 24 hours is enough time to do your research ?
and this bullcrap about "natural ponzi" just means that every asset that can be traded is a "natural ponzi" and if a definition fits every asset, what is the point ? p r o p a g a n d a by c e n t r a l b a n k e r s.
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dumper will try to blow past 490
shock and awe is what this guy is all about.
so many hours without dump... getting itchy..  |
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i got so enthusiastic about bitcoin ...
(...)
i think you made the right decision.
Thanks for sharing. Honestly I feel bad for taking your story to reinforce my belief that the value of bitcoin will ultimately rise because it's simple mathematics really, the less things are getting made the more valuable they become. Hope you didn't panic sell all your bitcoins and held some until end of 2013, you've made almost 10x profits don't worry, i held almost all my stash. and yes, i WOULD have made 10x profits if i would have sold on top. hodlers hodl i guess... edit: typo |
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i got so enthusiastic about bitcoin that...
(...)
i think you made the right decision.
Did you panic and sell when it dropped like that? no, i became fatalistic/stubborn and refused to eat the loss. but i have to admit that i did panic sell some btc during the silkroad flashcrash. worst decision ever, learned my lesson... |
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i got so enthusiastic about bitcoin that put my house savings plan fully into it. (it was sitting there for several years, nowhere enough to buy a house in the area i live and it paid 1% interest)
(...)
i think you made the right decision.
did you seriously invest your life savings, enough to but a house, in bitcoin? I am 26 and my life savings were about 6000 euros more or less. That is another story. So are you very rich right now? i was not able to fill up the house savings plan to an amount where i could nearly buy a house, so it was sitting there useless. it was indeed all i had. it was kind of risky. to me it felt like the once in a lifetime and very last chance to get out of the rat race. i am not rich now, i did not sell when it was over $ 1000 but i had to sell some part of my stash during 2014. i wait for the run up after the very next run up - shall that ever happen i will retire and hail satoshi for the rest of my life...  |
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bought xmr today.  |
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i got so enthusiastic about bitcoin that put my house savings plan fully into it. (it was sitting there for several years, nowhere enough to buy a house in the area i live and it paid 1% interest p.a.). i waited until after the peak of april 13 and shoved it all in at 130 . guess what happened: price went down again. it literally started to drop only an hour after my biggest purchase. hell, i did not expect that. it went down... i think it went as far down as 68. i had fucked up - almost 50% loss.
i guess you know how this story continued.
if i recall how thin the news coverage, how small the vc money that poured in, how non-existent the infrastructure was - all compared to now - it makes me wonder why i was so enthusiastic.
i think you made the right decision.
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die gox thieves wurden nun aufgeschreckt und versuchen schnell noch kasse zu machen? |
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this catastrophic price movement (i am losing a fortune) The price now is what the price was in May, and about 4x what it was a year ago, and 40x what it was 2 years ago. What are you doing so wrong that you're losing a fortune under these circumstances? correct. it was only virtual. bought way lower than 458, but it still hurts did you buy any above 458?? sell any? thinking about it i have actually profited already, since i needed to cash out some fraction of my stash this year. i shall not complain. but 455 ... ugly. |
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this catastrophic price movement (i am losing a fortune) The price now is what the price was in May, and about 4x what it was a year ago, and 40x what it was 2 years ago. What are you doing so wrong that you're losing a fortune under these circumstances? correct. it was only virtual. bought way lower than 458, but it still hurts |
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hi, I invested a lot at the beginning of this year thinking bitcoin would have risen again as usual, I bought many btc when it was 830 and some after when it was 660. I waited for the pump but things are getting bad. I am wo4ried. I am 26 yo I am not rich and I invested a lot of my savings. I can live without, ok, but they were my savings. What should I do now? is this the end? Will bitcoin rise again at least until 830?
Hey I can sympathize you. I've lost a lot of money in stocks before as well. I think the thing you should do is sell as much of your holdings to get to a position you can accept losing everything. You are stressed out because your position is too big. The price might go up or down more. Nobody knows. What you know is the size of your position and how much you stand to win OR lose. Try to think defensively out it Ignore the pumpers here. They are perma bulls. They don't care about your money. I have no position so I don't care if price of bitcoin goes up or down. I just don't like to see people get suckered into a pyramid/ pump & dump you post 700 x in a pyramid scheme forum ? the minds of those who are capable of such behaviour are a complete mystery to me. Edit: typo |
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i don't know what is worse: this catastrophic price movement (i am losing a fortune) or that those goddammbeartrolls were right.  |
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it's basically all about protecting france. How long will the Germans play? and by play I mean Pay. imho "germans paying" is a myth. the german economy is one of the biggest beneficiaries of the euro crisis (as of the globalization, as of the creation of the euro itself) the german government pays historical low interest rates for bonds, the strong engineering industry can export record highs due to the weak euro, german companies never had more funds than right now. this success story though looks totally different when looking at german taxpayers or german employees: they did not get anything of all this riches, on the contrary there haven't been so many poor germans since the 40ies or 50ies |
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Ein Meilenstein? Sicherlich nicht. Fühle mich mehr verarscht als bei BFL. die teile sind super und werden über kurz oder lang den alltäglichen umgang mit btc verändern. |
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super sache, aber wo ist die btc adresse?
wenn ich an meinem pc auf dieses symbol klicke, kommt nach einem kurzen ladebalken eine btc-adresse mit qr-code. die haben das so eingerichtet, das für jede spende eine eigene adresse generiert wird. Bei mir kommt auch nichts. Android-Tablet mit Standardbrowser. ipad geht auch nicht; hab es über einen pc versucht - da klappt es gut & natürlich sofort gespendet. |
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it finally arrived !
thank you trezor team !
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super sache, aber wo ist die btc adresse? |
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Ein System wie !Bitcoin wäre gegen Wesen, die über Erinnerungen an die Zukunft verfügen, deutlich besser geschützt. Ich halte Anomalien durch Zeitreisen für die größte Schwäche von Bitcoin und sämtlicher Altcoins. Aber auch ohne solches dürfte der diskret fallende Block-Reward unser Hauptproblem sein. Die initiale Verteilung der Coins ist dadurch einfach sehr schlecht. Das führt irgendwann zur Stagnation. Der Kurs kann trotzdem noch die nächsten Jahre explodieren, aber irgendwann ist es vorbei und der Coin schläft ein. Ist genau wie mit unserem jetzigen Finanzsystem. Für einige wenige ist dass ja super, die werden immer reicher und reicher. Aber was hat die breite Masse davon? Nichts, und daher wendet sie sich irgendwann ab. Geld verteilt sich immer ungleichmäßig, weil es Abhängigkeitsverhältnisse abbildet. Problematisch wird es jedoch, wenn Geld selbst diese Abhängigkeitsverhältnisse schafft. Dann spielen die Leute irgendwann nicht mehr mit. So, jetzt habe ich wieder soviel Unsinn geschrieben, dass ich es selbst kaum glauben kann. |
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