Dude check bitcoinwisdom and check for the lowest price, we've touched $ 154, so thats the current wall, with this trend tho I see it being broken... hope im wrong. |
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still holding, all the way until zero, then i'll probably dump...
Same, im holding until 0. Why? well, dont got much to lose... but a lot of people out there has a lot to lose so I understand the fear. Nobody say it would be easy tho. |
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My friend sold all of his Litecoin at like 17 $. Damn, I was telling him to wait for a 40 rebounce... glad he didn't listen to me, otherwise he would be hating me now.
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All Altcoins are Shit except MAID, XMR and maybe NXT.
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looking thru the news -
Bitstamp hack
ross trial beginning
russia making ban it noises again...
in the wake of events in france, cameron in the UK proposing to 'ban' encrypted comms online
the ludicrously convenient 'hack' as obama gives a... cybersecurity speech
EU announcing parlous finances, possibility of bond purchases
UK talking about raising interest rates
US claiming to end QE
oil in freefall...
so in a word,
HODL.
The problem is if all merchants force you to go throught the Bitpay-Coinbase bridge, Bitcoin is not very anonymous.. unless you use it like cash. |
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I came into Bitcoin at the beginning of 2013.
Reading a lot on this forum, I always was jealous of all the people talking about how, they were in the first row, seeing previous crashes. Damn, I also wished, I would have seen that. the MtGox crash 2014 doesn't count in my opinion, since there was a big rise before the fall, and it ended at a higher price than it started.
I think, now is one of this cases, I can tell my grandchildren about or at least, the newbies in 1-2 years. "Saw that, been there, move along"
It is very exciting. I got into it when it was around 500 dollars, thinking wow, how could anyone even get a slice? I'm looking into actually purchasing soon, and I can only think there are lots of people out there, just waiting for it to hit their magic number to buy up bunches. Your right.. there are people waiting to buy up bunches. and guess what will happen when they do? The price will spike some, the buyers will then dry up and newly mined coins will continue to hit the market driving the price down again and to new lows. I wouldn't touch it unless it goes below $30 or in 15 years when the reward is super small. This. We need to stop the miner hemorrage. But how the hell? We Need miners for this thing to work, but if the price keeps going down we are fucked. Satoshi didn't predict this happening? I wonder what are his views as we speak. |
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i hope that what he sayd is true, btw from my point of view ppl like him should not do things like thta, i mean announce "big news", because of that ppl are so excited  also maybe that news will disappoint the expectations, you know... Maybe is a new release with a good features of the bitcoin-qt wallet? That would do exactly nothing to the price. We need something. First of all, fixing the big ass miner-incentive problem. |
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i missed 2011 but now iam here  Actually not comparable, still so damn expensive compared to actual early adopters  |
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Merchant adoption might not cause falling prices, but increased adoption could cause long term holders to use their existing stockpiles of BTC for purchases. I know I've made a couple purchases at Newegg using BTC since they've introduced it, whereas I wouldn't have sold BTC before to pay with fiat. I don't think that would cause anything like the current downturn though.
I'm not even sure there needs to be a reason for it. People have been skittish for awhile now, if people are worried about a long-term downtrend it wouldn't take much of a movement to send everyone to the exit before the bottom falls out.
Well i dont have a ton of BTC so im not worried and I trust the technology long term. But 99% of lucky early adopters must be shitting their pants as we speak, specially if they didn't sold at the 1K milestone. All of these are potential sellers now. |
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Mining is nowhere near profitable at this level. Unless the difficulty dropped dramatically.
I dont get this. If a lot of miners leave, wouldn't it be easier to get rewards for the remaining mines? less cake to slice. |
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The people who bought sizable quantities of BTC when this thread started did indeed become rich men. How I wish I were one of them.
Not really, some lost the lot with mtgox, some with bfl and the like, it's a case of grass is always greener. Well if you had half a brain you should have known MtGox was really unthrusteable way before the disaster happened. If you are holding big amounts of BTC in exchanges you know what can happen. |
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I have never lost BTC in scams, well, if you count certain alts like Maza as scams, then yes I lost some...
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Weed then BTC, Cali is always ahead of its own time
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This is the true future and use of bitcoin, if we want it to be solid, we need the ability to get paid in it for serious jobs, not posting on forums or whatnot. The thing is, I dont really understand how it works for you... do the workers know you get paid in btc? they know your btc address? you bypass 100% taxes (you said banks dont know shit), and you can really trust bitwage? I dont feel too safe giving them personal info.
All that stuff I dont understand and have to check it out.
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I believe Satoshi is an INTJ like me where the personality type tends to obsess over finding a solution to a problem, then once it is found there is no more need to think about it anymore. Move on to the next problem. His next project could be something completely different, maybe he gets water in his back yard every year during heavy rains and he has come up with some new way of making drainage simple, who knows, it can be anything.
Yes, all this can be true or maybe he have another investment ''brilliant'' idea, something like Utoken, supported by real bank... or maybe he will invest his earnings from bTC in something completely new, free energy or something like this... Whatever he start, i will follow him  How can you follow him? like does he have an official site or something? I dont think he is on twitter lol. |
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It's all in Karpeles flying crystal skyscraper bathroom.
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It's a tarp: Time to buy. |
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Low prices make me hard. It only means more BTC for long term smart investors. If you aren't playing 10+ years vista in this game you are lossing at it.
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101 long term investment textbook situation: resist the big crash or die a poor peasant.
I hope it goes to 1$ so I can have a chance to be a top Bitcoin holder if such once in a lifetime redistribution of wealth opportunity happens. People will drop millions if it goes really low so everytime it gets lower and you don't buy you are gambling with missing the big fat train.
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