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The relentless march of BTC adoption continues unabated.
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didn't realise thanks....still...exciting news I think |
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sure. What i start to see around here though is this preaching of 'hodling' and 'it will be 10k$ 100% sure' ... i think that's dangerous. And to go to the length of telling people the orders were an illusion tops it off really. Maybe next time better more accurate.
Sure, having certainty about any market is dangerous. But, to a certain degree walls are sometimes used to create misperception of support/resistance. Is something meant to create misperception not the definition of an illusion? I'm not sure what you're trying to say with the bold part, I got a parse error trying to read it. All of those "buy walls" are sooo fake... I watch many of those people cancel ALL THE TIME! That's what happens with unregulated things!!! As a perma-bear, I can tell you BTC price chart looks exactly the same as a penny stock pump and dump that waves widly in the wind back n forth back n forth until its literally worth $0.00 Internationally the black market drug trade is worth about $400 billion a year. Darknet markets are growing at over 10% per month apparently. BTC has a price floor of triple digits simply by that alone. |
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I dont get it? The OP has been around since 2010. If he bought $10 worth of BTC he would have made hundreds of thousands, crash or no crash. Price is up about a million percent since then?
It's not easy to hold through that much gain. same goes for the miners he was talking about though....and he definitely shouldn't have lost money |
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I dont get it? The OP has been around since 2010. If he bought $10 worth of BTC he would have made hundreds of thousands, crash or no crash. Price is up about a million percent since then?
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One reason why I believe the bottom of this cycle can't be far off is looking at all these new "bears" that have sprung up.
Pretty sure all these new "bears" are just fallllling with 37000 accounts. The grammar is exactly the same. |
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Remember that there is no such thing as “intrinsic value.”
BTC and gold and fiat have no intrinsic value. Thats what make them good money. Silver, food and water have intrinsic value.
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i'm waiting... but i can afford to lose.
Adam you greedy b. , how much cheaper do you want the coins. May shroomskit hunt you in your dreams  What's a "greedy b?" The only thing that I can think of starts with b and has coin in the middle..  "bipolar satanic nudist". I thought that´s common sense first thing i thought of |
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a bunch of models in the background, i like it who needs models look at that sexy machine lol i have to admit......i didn't even notice the women. I am a truly sad bitcoin fanatic |
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So who believes it will break the previous $340 low of April? I think? If it does then not much to stop it falling a lot further.
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perma-bulls... perma-bulls everywhere...
perma-bulls are always bullish, if your waiting for us to be bearish... you're gonna be waiting a long time... And that's why there's nearly no difference between trolls (like me) and perma-bulls. It's a extreme position far away from reality on the markets. Delusion. The only real difference is that most trolls only fake their bearish delusion, while perma-bulls are serious with their bullish outlook at any moment.  Perma-bulls ARE (serious) trolls. Spot on. The beartrolls are pretty much out in the open and easily detected. otoh....bulltards are dead-serious, covert sociopaths who lack one iota of empathy. They eat, breathe, sleep with one goal in mind - manipulate you into buying a btc at whatever price, no matter what the circumstances. Very, very dangerous people to be around. I see the same kinds of evil scum in silver stacking circles, but i must say it is at least 10 times worse with the BTC cult. Well i've been stacking gold, silver and BTC for quite some time now, so i guess i am worse than Charles Manson. I don't really give a shit what other do though, to be honest the less people buying the more i can buy before the revaluation. Only so many BTC, only so many ounces......never ending supply of fiat and political bullshit. i've been thinking of buying some silver coins, been waiting years, i don't buy that the economy is going to implode soon, maybe the markets will have a strong pull back... but in any case i like the fundamentals of silver and stacking just looks fun! Precious metals are less about the economy imploding to me, and more about energy. It takes a shit load of energy to mine and refine, and as ore grades continue to decline, the amount of oil used for each ounce just continues to rise. Silver and gold are already very close to cost of production, so as a long term investment, it makes sense to me. the other thing about stacking that is different to bitcoin is you actually get something to put in the safe, and it's hard to sell, so even occasionally when i am broke, its not like i am going to go sell any. I used to waste a large proportion of my income, now i think in term of oucnes, kgs and BTC. Do i really need to spend 3BTC/1 ounce/ 2 kgs on a new laptop, or can i just keep using my sandy bridge based thinkpad? What is the better decision, a second hand hyundai for 10 ounces, or a new mazda for 25? Its not like you can buy a laptop or a car directly with gold and silver, its more about the cool factor for me, i want a collection of shiny coins, i see these youtube video of poeple with stacks and i'm envious, that is all. I think the fundament are strong and it will hold its value long term, and probably a sizable gain if i can get a good price and hold long term. I hear what you are saying, my maple leaves are much nicer than kg silver bars, its just with gold coins i pay very little premium for coins over bullion, for silver you pay something like 15% extra for a coin than just bars. |
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perma-bulls... perma-bulls everywhere...
perma-bulls are always bullish, if your waiting for us to be bearish... you're gonna be waiting a long time... And that's why there's nearly no difference between trolls (like me) and perma-bulls. It's a extreme position far away from reality on the markets. Delusion. The only real difference is that most trolls only fake their bearish delusion, while perma-bulls are serious with their bullish outlook at any moment. Perma-bulls ARE (serious) trolls. Spot on. The beartrolls are pretty much out in the open and easily detected. otoh....bulltards are dead-serious, covert sociopaths who lack one iota of empathy. They eat, breathe, sleep with one goal in mind - manipulate you into buying a btc at whatever price, no matter what the circumstances. Very, very dangerous people to be around. I see the same kinds of evil scum in silver stacking circles, but i must say it is at least 10 times worse with the BTC cult. Well i've been stacking gold, silver and BTC for quite some time now, so i guess i am worse than Charles Manson. I don't really give a shit what other do though, to be honest the less people buying the more i can buy before the revaluation. Only so many BTC, only so many ounces......never ending supply of fiat and political bullshit. i've been thinking of buying some silver coins, been waiting years, i don't buy that the economy is going to implode soon, maybe the markets will have a strong pull back... but in any case i like the fundamentals of silver and stacking just looks fun! Precious metals are less about the economy imploding to me, and more about energy. It takes a shit load of energy to mine and refine, and as ore grades continue to decline, the amount of oil used for each ounce just continues to rise. Silver and gold are already very close to cost of production, so as a long term investment, it makes sense to me. the other thing about stacking that is different to bitcoin is you actually get something to put in the safe, and it's hard to sell, so even occasionally when i am broke, its not like i am going to go sell any. I used to waste a large proportion of my income, now i think in term of oucnes, kgs and BTC. Do i really need to spend 3BTC/1 ounce/ 2 kgs on a new laptop, or can i just keep using my sandy bridge based thinkpad? What is the better decision, a second hand hyundai for 10 ounces, or a new mazda for 25? |
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Growing up under the bush era, i fucking hated neo-cons, and was super happy when O was elected. After about a month i realised I had been totally duped. Meet the new boss, same as the old boss. None of this shit is going to change at the ballet box.
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both, plus a few kg bars of silver, cause why the fuck not. Gold and silver are essentially oil plays, in that it cost a shit load of energy to mine and refine each ounce.... as oil continues to get more expensive, and ore grades continue to decline, the cost has to keep going up. BTC because decentralization is my political philosophy
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Have to admit, i have always assumed it would be denied, even though i am a long term bull. Just seems to me .gov will not make shit that easy for us, i think it's more likely they will try and kill it.
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perma-bulls... perma-bulls everywhere...
perma-bulls are always bullish, if your waiting for us to be bearish... you're gonna be waiting a long time... And that's why there's nearly no difference between trolls (like me) and perma-bulls. It's a extreme position far away from reality on the markets. Delusion. The only real difference is that most trolls only fake their bearish delusion, while perma-bulls are serious with their bullish outlook at any moment. Perma-bulls ARE (serious) trolls. Spot on. The beartrolls are pretty much out in the open and easily detected. otoh....bulltards are dead-serious, covert sociopaths who lack one iota of empathy. They eat, breathe, sleep with one goal in mind - manipulate you into buying a btc at whatever price, no matter what the circumstances. Very, very dangerous people to be around. I see the same kinds of evil scum in silver stacking circles, but i must say it is at least 10 times worse with the BTC cult. Well i've been stacking gold, silver and BTC for quite some time now, so i guess i am worse than Charles Manson. I don't really give a shit what other do though, to be honest the less people buying the more i can buy before the revaluation. Only so many BTC, only so many ounces......never ending supply of fiat and political bullshit. |
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I think this will be the last couple of days that 400 holds, I think we will be visiting 300-360 soon enough.
same, generally, but the time part is so hard to nail down. it's impossible to get the short term details right, but everything has been pointing for me to that general range. we could bounce a bit, hell, given all the shorts taken out at 400, we could bounce 30 or 40 points, but i think low-mid 300s are coming in the next couple weeks. There are no buyers. It's that simple. The result of 9 months of dumping and chasing cheap coins. Everybody thought that after crashing down tons of buyers were dying to get in with cheap coins. Nope. There is nobody. Now of course i keep reading we need to hit 350 before we can get back up. And after that 260. Well, these new buyers won't suddenly appear then. Also there is no guarantee we will go back again. As i keep saying one day it will stop. People will get tired of losing money. Of getting dumped on by traders every time they invest some money. For now the Bitcoin hype is over and we better hope for something good to happen or all your cheap coins will be just that. Cheap coins. The question is will we learn from this situation. And the answer is most likely no. There has been tons of buyers that is why the price recovered to 600$ + a few months ago and there is still a lot of buyers but there is a lot of sellers as well and a lot of new coins hit the market The Bitcoin hype will come back when the fiat currencies will show what they truly are : manipulated, inflated and unreliable for store of value But this is not a few months ago. A few months ago tons of people started buying because they expected the price to go up. Instead they got dumped on, day after day. They sold and left and won't make that mistake again. Neither will all the people who watched it happen from the sidelines. You see, that's the "problem". These people actually do learn from their mistakes. Keep in mind that pretty much everyone who invested in Bitcoin this year lost money. Almost a full year. Exactly at the time everyone expected something great to happen. This damaged Bitcoin so much. So many here underestimate this. They think they just can keep crashing the market, pick up cheap coins and go back up again. You can't. After 5 or 6 years now investors are gonna say fuck it. I'm not gonna put money in something and get dumped on day after day by greedy traders obsessed with cheap coins. The previous years was ok for that. Not anymore. This year was the year to get serious. But everyone who tried to invest lost their money because of traders and dumpers. What do you expect them to do? Invest again? From what you wrote, BTC seems a pure bubble and people buy it only because it will rise overnight. If that's sure, it's better to see BTC dies now than later. Maybe your account was newly bought, otherwise really sad to see a Hero Member saying such thing here. +1 +1 what? An opinion of a guy who doesn't understand what he reads? +1 at the guy pointing out you are acting like a little bitch, throwing a tanty because BTC is not going up in a straight line, saying shit that clearly gives the impression that speculating is all bitcoin is good for. Guess what moron, btc will go up again, and thank god it won't be from speculating morons who just think it is their ticket to riches, it will be because it is, you know, a useful technology, and it remains that no matter what the price. It will rise when metcalf's law says it will, not because greedy speculators get in a tizzie because they have got rich yet for doing nothing. The price will rise as BTC is used for what it is supposed to be used for, and it does not matter one iota what speculators are thinking. |
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I will hold my 10 btc I have no other choice but btc deluded me... Everyone was saying it would rise and rise, but it was only a Ponzi bubble. That is all. A fucking Ponzi bubble. I knew that but I was convinced about those guys saying it was not a Ponzi and I could still buy.
jesus...... this site is filled with children who don't have any patience whatsoever. Bitcoin is doing what bitcoin is supposed to do, bring banking to the unbanked, and facilitate cross border money flows. Not make teenagers rich overnight. |
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I think this will be the last couple of days that 400 holds, I think we will be visiting 300-360 soon enough.
same, generally, but the time part is so hard to nail down. it's impossible to get the short term details right, but everything has been pointing for me to that general range. we could bounce a bit, hell, given all the shorts taken out at 400, we could bounce 30 or 40 points, but i think low-mid 300s are coming in the next couple weeks. There are no buyers. It's that simple. The result of 9 months of dumping and chasing cheap coins. Everybody thought that after crashing down tons of buyers were dying to get in with cheap coins. Nope. There is nobody. Now of course i keep reading we need to hit 350 before we can get back up. And after that 260. Well, these new buyers won't suddenly appear then. Also there is no guarantee we will go back again. As i keep saying one day it will stop. People will get tired of losing money. Of getting dumped on by traders every time they invest some money. For now the Bitcoin hype is over and we better hope for something good to happen or all your cheap coins will be just that. Cheap coins. The question is will we learn from this situation. And the answer is most likely no. There has been tons of buyers that is why the price recovered to 600$ + a few months ago and there is still a lot of buyers but there is a lot of sellers as well and a lot of new coins hit the market The Bitcoin hype will come back when the fiat currencies will show what they truly are : manipulated, inflated and unreliable for store of value But this is not a few months ago. A few months ago tons of people started buying because they expected the price to go up. Instead they got dumped on, day after day. They sold and left and won't make that mistake again. Neither will all the people who watched it happen from the sidelines. You see, that's the "problem". These people actually do learn from their mistakes. Keep in mind that pretty much everyone who invested in Bitcoin this year lost money. Almost a full year. Exactly at the time everyone expected something great to happen. This damaged Bitcoin so much. So many here underestimate this. They think they just can keep crashing the market, pick up cheap coins and go back up again. You can't. After 5 or 6 years now investors are gonna say fuck it. I'm not gonna put money in something and get dumped on day after day by greedy traders obsessed with cheap coins. The previous years was ok for that. Not anymore. This year was the year to get serious. But everyone who tried to invest lost their money because of traders and dumpers. What do you expect them to do? Invest again? From what you wrote, BTC seems a pure bubble and people buy it only because it will rise overnight. If that's sure, it's better to see BTC dies now than later. Maybe your account was newly bought, otherwise really sad to see a Hero Member saying such thing here. +1 |
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