no one can guarantee a rise or fall in the bitcoin precise accuracy. an indication of what makes you sure about this?
The recent news of EU union giving a proposal to ban bitcoin is a pretty bad news for the price of btc  Let's hope this is just a hiccup on the price and nothing serious You really think this is the reason for the tremendous drop in price in the last days? It is hard to say, I haven't received all the details on it or if it is in fact going to happen. How can they all ban it, it is not realistic to think that a governing body can do that to a virtual currency. I agree with you, bitcoin can't be banned fully because its fully decentralized  But any bad news is enough to make a hiccups on the price especially this big news  Are you really that naive? EU claiming terrorist groups have a fortune in bitcoin to fund their agenda is a very classical and effective way to sacre people away from it away to get acceptance to criminalize all use of it. This is exactly what is going to happen. I'm willing to bet a nice amount of real legit money on this if anyone thinks differently feel free to contact me so we can set up an escrow on the bet. I suspect we will see a ban on digital currency (non government) within 6 months time and bitcoin dropping under $30 within that same time frame. No need to stop bitcoin, enough to stop people from using it. Can't ban bitcoin? Russia did just fine with that, no issue whatsoever. Extremely sad and depressing... but this is the unfree and manipulated world that we live in, fully controlled by a hand full of people. |
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Sad days again in bitcoin land... full bear mode enabled.
We will be dropping under 300 within te next 12 hours.
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Very unlikely. There's an enormous selling pressure growing by the Chinese realizing the market is fake and having been scammed by the exchanges. Also many people realizing the big flaws in bitcoin are moving towards superior coins. The only thing keeping bitcoin this high right now is the fake market and bulls putting in their last money in an effort not to lose everything they have invested in bitcoin.
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21% drop in 24 hours... we haven't had that many times before yet.
Panic is real I suppose.
but why now?? after the crash from 500 to 375 , noone was panicing....why now? I think this was all just a speculation which seemed to me not possible as the amount of great news was huge before the run. But I don't know how to explain differently these swings and this drop during the night than by the pure speculation. 100% Whale manipulation. Those of us with our eyes glued to the Wall's on Stamp (and other exchanges) seen the motherfucker at work. This pump n dump move puts Bitcoin right up there with any shit-coin that you would care to name. Price is dictated by the very few, and therefore the very few know precisely where to buy, and precisely where to sell....everyone else falls in between giving it their best shot and chasing shadows. It's sad if it's really still like this! If you guys have seen whales at work and this kind of work can be caught if you know where to look at, then I guess this is the only explanation. I repeat, it's sad but u hop these actions will become history as well soon enough! Sooner or later regulatory bodies will start chasing this type of manipulation. Whatever way you look at it, it is still manipulation that is not allowed in any financial world, making it illegal to do. Would be fun to read that several whales get their 40,000 coins offered for sale next year by the FBI It's not allowed? Then why are pretty much all financial markets dominated by scams and manipulation? XD |
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Thanks. It's a nice read.
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@zimmah
That's very possible, wouldn't be the first time. But that's the fun of it eh? You win some, you lose some.
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21% drop in 24 hours... we haven't had that many times before yet.
Panic is real I suppose.
but why now?? after the crash from 500 to 375 , noone was panicing....why now? People cutting their losses? No idea.... |
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21% drop in 24 hours... we haven't had that many times before yet.
Panic is real I suppose.
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Let's face it, we all pile onto a bubble and buy, then flee and dump when it blows. This is no different.
Sad but true... I think it would make Satoshi a little sad.... |
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I dont think you will ever get a chance to buy at below the 200 mark, but as soon as it gets below or close to 300 you should buy
That's what they said about 800, then 700, then 600, then 500 and so on... we all know how that worked out... This recent pump and dump only added more victims to the very long list of people who lost big time on bit coin. Isn't bitcoin to help everyone? That was the vision of many of us long ago, unfortunately a whole new greedy and selfish wave of users pretty much took over the community and ravaged it and all the potential it had. I think a safe buy-zone right now is 150-170 this crash has way too much velocity to buy around 300 or slightly below. |
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Those are some pretty deep cuts we are taking... I don't think we'll get to a thousand at this rate....
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^Just going to post this picture any time this scumbag posts. He shorted all year and made a little bit of money then lost everything when it went to 500, now he's back spamming whatever he can think of to try and make his new shorts work with his bought account all over again.  So how you doing with those short losses? So yea I just have to answer your question.... I'm doing very well. I made roughly 4-5 times the amount that I lost during the recent pump. Thanks for asking. |
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If you consider everyone planning to dump their btc when it's profitable in fiat 'not real bitcoiners' then the whole community is 98% non-bitcoiners...
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Good lord people, if you honestly think MMM is responsible for bringing in daily volumes of $150-$250 million for 2 weeks then maybe the Bitcoin community needs to re-evaluate how they communicate to the outside world if this one loser managed to bring in more new BTC wealth than anyone in years.
As I said many times before, the potential is enormous but as long as people don't care nothing will happen. As it stands now people still don't care, most people aren't even aware of the problems our economy faces and the ones that are consider it to be too big of a problem to be solved by them and think it's up to big corporations and governments to solve it. Anyway, mmm could very well be responsible and it's not because of one man. Mmm works by people for people. Many people buying small amounts of btc to help others in need. This easily gets a huge volume. |
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Well what can I say...  |
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It go to $500 then $1000 after $4000
Your prediction is starting to look a little laughable isn't it? |
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With only 11..!! Bidders on the latest SR auction I don't think anyone in his right mind can still think that bitcoin is something that is desired by the people. This is a perfect demonstration that there really is no general interest in it and the crumbling down of this new rally strengthens this position.
It's time to wake up.
Any thoughts? Maybe the auction only allowed billionaires to bid? XD
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This is another reason why bitcoin can never succeed. It's like an environmental disaster covered in flowers. Complete waste of scarce energy and sold as something wonderful.
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I suspect we will go back to 200-230 within a week or so. That price seems fairly stable. Although we may fall under that to the 160-200 range for a while because of some panic.
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You forgot to add 'to collapse' in the title... or so would the charts indicate.
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