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All bubbles look like that.
Some bubbles recover (NASDAQ at the dotcom bubble, gold) some don't (South Sea Stock, Tulips, Beanie Babies, Random Penny Stock Pump&Dumps, shitcoins).
That shape alone doesn't tell you whether a bubble will recover or not.
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Real Bitcoiners will buy now. Prove you are a real Bitcoiner by buying now.  Nah man... This ship is going down.
? |
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**Sigh**
Just checked the price & see that we've had another mini dump.
We're just getting started  |
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Also nobody would put billions on dollars worth in something controlled by a bunch of anon miners. |
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So what are the chances that Wall Street is starting to buy BTC on Huobi and Finex tomorrow? 85%? 97% 110%?
Tarmacadam ain't buying jack shit. I have another question for you then: "When will you and your little gang of Bitcoiners finally buy enough coins to prevent this tragedy from crashing even more?" Wall Street crashing the market to buy cheap coins is actually good for bitcoin, the lower it goes the more you can buy. Bitcoiners still want you to buy at these prices for some reason tho... |
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Jorge, I just don't get you. You are allways such a downer. At the same time, you spend a lot of effort and energy at reasearch and writing about bitcoin. What is your motivation?
He's here to use his superior brain and education to save us from ourselves. I think it's a bit too late for most though. Actually, at first I was worried about attempts to sell bitcoin around these parts as hedge against inflation, get-filthy-rich-quick schema, etc.. But thankfully my Country does not seem to need my services in that matter: Brazilians do not seem to be much interested in bitcoin, and you bitcoiners are already doing a great job at saving the world from yourselves.  so you agree it is not a get-rich-quick now? if you had suffered the first 3 bear markets you would have known that ... like we tried to tell you know-it-all. So you don't have much reason to hang around, you look terrible btw. Except that this bear market is the longest in BTC history, by far (more than double the 2011 one). Also, the actual pump (to $1200) was quicker than the other two bubbles, which makes it an even more unsustainable and ridiculous pump&dump. |
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Somebody's gonna have a problem:  Is that Coinbase? The same entity put a similar amount on the ask side, so...  |
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A year or two of two-digit price would keep the difficulty low or at least not growing. A one digit price would constraint it even more.
But would we profit from it?
We are in 2015, not in the start of 2013. And near a new halving double or single digits are not feasible anymore. If going to happens, them there would not be any mining anymore All the less profitable miners would be squeezed out, difficulty would readjust and only a bunch of chinese megaminers would remain to mine and dump.This would centralize bitcoin mining even more than now, but this is actually good for bitcoin™ |
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It's a fluff piece, blatant native advertising. But I agree that low prices are good. "As low as possible for as long as possible" I'm not convinced. How low are we talking here? Double digits! Can you believe your luck? |
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When are we crashing? this is boring
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Is being completely over-the-top delusional a thing in bitcoin now?
I mean plenty of tardiness in bitcoin since forever, but this? Seriously?
1. Create new currency nobody really needs aside from drug dealers and a more nerdy version of gold bugs.
2. Limited supply™
3. Wait for it to become the world reserve currency cuz why not.
4. ? ? ? ?
5. Profit!!!!
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Crave:  hahahahahahah |
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"Can't believe they fell for it lol."-Satoshi Nakamoto
WOW, this guy doesn't even try to come up with a username. New levels reached. lmao |
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Despite his nick, I appreciate the comments NotHatinJustTrollin makes.
Eheh thanks |
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Good morning my friends!!
Empowering, we are sorry for the delay. The DOOM you asked is on its way!
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Tim Swanson nails it. Of course people in this thread are butthurt Technology allows us to separate a "blockchain" from "bitcoin" and all they do is shout their (very personal) ideologies. Even if enough people agree with your "i just watched "money as debt" on youtube this morning" ideology, no, they are not going to dump everything for a 7 transaction per second irreversible "a hacker stole my private keys now I'm poor" volatile still in beta experimental currency Usually there's gold for that. If you are really into that shit. The only pragmatic argument against "blockchains without bitcoin" is usually stuff like "but you need an incentive to mine!", "but decentralization is always preferable!". Those arguments are slowly being stripped away from you (an the reasons for bitcoin to exist are quickly vanishing). |
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Your comrades in the 50 cent army? Bitcoin price soon at 4 billion dollars!!!!!  |
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