Re: iWatch... I mean Apple Watch:

"It also comes with Apple Pay so you can use your watch like a credit card, and trust us, Apple will keep your banking information very secure; just like all those nude pics..." 

He/she/it's a model citizen of the new world, too dumb to get a real job or question orders

+1 to the OP, bitcoin speculators are mostly a dead-weight by-product of an obsolete system with a "greed is good" mentality.

applepay looks like same old credit card turd wrapped up in shiny new apple packaging wrapper ... right?

and we all know that credit card is old expensive tech., someone will have to pay for that somewhere along the line, odds on it will be the users, one way or the other.

And there will the inevitable hacks, frauds and inside jobs of the applepay centralised DB itself, while the currency units they use are devaluing too ... where's the upside?

we are still in a downtrend will lots of headwind.  Until the day when there's a reason for the average joe to buy bitcoin then spend - the supply / demand will be imbalance.

*shhhh* Stop posting all this bullish facts! How much further do you want to drag out this capitulation phase? 

Actual production cost of one single bicoin is aroundt $530-$550. Any price below $500 is a steal. Buy now or regret years later. With difficulty ever increasing miners are getting screwed now cause anyone mining now is running at a loss.

I think we are losing adoption NOW.  User numbers don't seem to be rising at all, and the main complaint is losing money on their investment.  I literally know no one else who owns coins anymore.  This manufactured drop from $600 is killing the tech. (Tes, exchange rates matter, trolls.)

Note that game theory says the price will trend to zero.  As long as there are hundreds of people with enough coins to play the dump game, one of them will continue doing it to make their extra 20 or 30 coins per day.  If you gave me 3k btc today, I could guarantee I would have 6k in 90 days.  The game is too easy.  

Those posters who say that the only people who care about the price (exchange rate) are get rich quick dreamers are deluded.  If I could buy a laptop with 2 bitcoins 3 months ago, but now need to use 3 btc, there is a serious problem.  And as long as 99.9% of goods require USD to purchase, the exchange rate is important.

I left out one point before: look at how much concentrated effort it took to break through support at 500.  Thousands and thousands and thousands of coins dumped to break support and make the dump game possible again.  How many of the big guys had to help to break through?  I sincerely thought it was impossible to reach 490...forgetting that there are single individuals with 50k coins who could wipe out the entire order book.

Now, explain to me how it is possible to have another bubble.  It will be a race to see who can dump fastest and hardest to make the biggest percentage gain on a thin order book.  IIRC, to cut the price 40% in November only took a 1k dump; stops triggered, margins called, panic selling, huge profit with no risk.  They won't be able to control themselves when the opportunity arises next time .

I will say this with all honesty: I no longer believe btc has any chance of being a serious currency due to its users.  I have always been a short term agnostic and long term bull.  I am full bear now.  I doubt that we will ever see 700 again, and 300's will be here soon.  The big guys are warning everyone everyday that they want lower prices.  Believe them.

Is the $200MM pure speculation by them or do they have confirmed some amount?

Im hopping for a larger period of stability actually. Feels good to be able to sleep at night in tranquility knowing it's still 600 territory. Also I need a bigger period to get more cheap BTC.