Will I make it?
Eventually. Sit on your paper losses until then. If you have some extra cash, buy now to bring the break even price down. I do, but I also put in ~$25K into bitcoin in the last year, which is a lot already, should I really risk more.... bitcoin price recovering is still uncertain Just hold it for a few years and forget about it. We've seen this story before. In a few years you could be a millionaire and look back and laugh at considering selling. Work on some other stuff or just help promote bitcoin meantime.Thanks, and yes that's what I'm doing  |
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Yeah! Kittehcoin back to top 100 (#91 for now) on coinmarketcap among mienable coins!Kittehcoin hit 1 satoshi, it's clearly a landmark event! Who said that the kittehs do not fly?  I'll just leave it here  [IMG]http://s16.postimg.org/g61c2nl8l/MEOW_EX4m.png[img] kitteh is very efficient coin. if only 2.5M coins mined per day
on current price it is only ~3LTC a day to keep the coin operational
+1 I think 2.88M (2K*60*24) if be precise. Also this coin has inflation less than 4,4% P.S. Earn some FREE MEOW while you can! Wait...... only 1 SATOSHI And you guys are happy?! FUCK THAT.... FUCK 1 SATOSHI...... This coin used to be 120 Satoshi!!! It needs to increase 80X more for me to break even..........  |
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Is there any hope of recovery for this coin?
The devs left.... the coin lost over 90% of its value.... any chance of MEOW going back to 30+ satoshi?
It's open source, no? Stupid question then. What is the answer then?? How many satoshi is this coin worth? 5? |
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Hm. Inception is that good?
No, it's really not. I saw it twice, I understood it... it was okay. Way too overrated imo. Leo made better movies, like The Departed |
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You couldn't short back then, so everyone benefited when bitcoin increased in price = everyone was on the same side
Now with shorting some people benefit when the price goes and people purposely crash the price. Fuck the shorters
Also, 2014 is worse because I got into bitcoin.... everytime I try to make money I fail miserably, sorry guys, pretty sure I ruined it for everyone. As long as I hold on to my bitcoin, we will NEVER see another ATH. The universe hates me
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Same thinking.
@OP
I Personally kept buying and selling daily locally without touching live trading platforms, I got loss by selling coins in cheap sometimes when prices went down, but the profit I got was solid.
If you don't wanna wait for prices to go up, count your losses right now and buy and sell coins till you break even.
Let's say you bought 10 coins at 690
690*10= 6900
230*10= 2300 (current price)
Loss=4600
Now If you have bought and sold 10 coins daily at 2$ profit per coin margin it would have taken 230 days to recover your loss and that means approx 7 months maximum. Anything above 2$ would have been your profit.
Nah, I'm not a good trader... how the fuck am I gonna guarantee constant $2 profits? I'm gonna hold, even if it takes 3-5 years for me to get in the green. If bitcoin is still in the 200s after 5 years.... then fuck everyone and everything
I actually disagree that it was unnatural, my experience in the auction industry is something is worth whatever someone is willing to pay for it on that day.
In late 2013, Bitcoin WAS worth $1000. You can argue willy bot pushed it up there, but everyone was eager to buy it at that price and ALSO eager to sell it at that price. It's not like the rest of the crypto markets had to follow the madness on Gox, the free market decided that was what the price was. I can stand on the auction block and offer to sell you a can of coke for $1,000 but if no one is willing to buy it, it's not worth $1,000.
What I fear more is if Bitcoin doesn't catch up the value soon it will fade out of existence. People will argue Bitcoin is still in its infancy but 7 years is a LONG time in the technological world when you consider companies like Apple and Microsoft became billion dollar corporations and were changing the world before everyones eyes in just the first few years of their existence and the evolution from the first dial-up internet BBS to the WWW as we know it was a rather rapid transition as well. Don't forget the fast rise of Google, Facebook, & Twitter as well. It needs to do something to convince the average person "This is what I need to have in my life" soon or else people will move on to something else.
You know Apple was around since the 70s right? They did not get popular until the 90s when they came out with the iPod and iTunes.... and this is besides the point. All these tech companies you are mentioning are COMPANIES. Bitcoin is MONEY.... it's a lot more complicated than some social media myspace ripoff like Facebook. These companies have marketing and advertisement, anyone can use facebook/google/twitter for free; bitcoin requires money, it's risky, it's complicated, there's a barrier for entry, it's not a product with immediate benefits in the western world..... there are so many other reasons why your logic is flawed. I hate it when people make this comparison, sorry mate I don't buy it |
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It will make it, the only question is how long will it take.
Some people are calling for it to take years, while others are calling for it much sooner.
If you have some patience I'm sure you can wait it out and it wont take that long.
Good luck to you.
Thank you. We have already waited so long, I hope it doesn't take another year or two That sudden increase to 1k wasn't natural, I doubt we'll seen it in a few years. I'm calling no more than $400 by the end of this year. I still have a unfortunate feeling that we'll stay around $225-$255 for a lengthy period of time.Me too, I don't feel like we'll go over $400 this year and will probably stay in the 200's for a while. But the $1200 peak was not because of Willy, lets get that shit out of the way, it was a drop in the bucket. Maybe the ATH was not natural, but the market cap at that point was only about $12B... should bitcoin have a much higher market cap? |
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Is there any hope of recovery for this coin?
The devs left.... the coin lost over 90% of its value.... any chance of MEOW going back to 30+ satoshi?
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It will make it, the only question is how long will it take.
Some people are calling for it to take years, while others are calling for it much sooner.
If you have some patience I'm sure you can wait it out and it wont take that long.
Good luck to you.
Thank you. We have already waited so long, I hope it doesn't take another year or two |
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Eh, whatever.. wake me up when we are at 60 satoshi
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Will I make it?
To answer your question, in my opinion, most likely not. Bitcoin has been hovering around the $220-$260 area for quite a while now, and it's going to take a huge amount of luck to even get into $300's+ again. Wow, bitcoin surpassing a mere $5billion market cap is going to take a huge amount of luck? It must be a total failure then |
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I feel weird about Bitcoin in general having commercials? Wouldn't it be a bit strange to see a commercial for the internet and not a business involved? I think Bitcoin has the ability and the skills that it will grow naturally without advertisements.
That's a good point, and yeah, maybe it would be a bit strange in that sense. Although it could be sponsored by Coinbase and Circle since there is good incentive for them to spread bitcoin adoption too. But commercials don't necessarily need a business involved, think about the anti-tobacco Truth commercials... those commericals are only there to spread awareness and they're very popular. Also, advertising has become a lucrative business with many approaches and is much more effective today than it was back in the day. And FYI- there was actually a cheesy commercial for the internet that came out back in the 90s: https://www.youtube.com/watch?v=s1_yx_Eg9v4But this commercial will be completely different. And yes, some people may see it and say "WTF was that about?" since there is not company involved, but subconsciously it makes bitcoin a little more legitimate in their head when they keep hearing about it (outside the premise that it's a magical internet money for drugs) firstly if your going to do a commercial where a mother sends a $ amount to her son..
.. well you might aswell be advertising western union or paypal.
you need to be more creative, and think more about bitcoin features and benefits. and be something unique that cant be confused by any current FIAT systems available..
I disagree, Western Union is not instant; it takes several days for money to transfer if I recall and they take a large fee on top of that. Can you receive money from someone in another country via PayPal and use that money to purchase something on the fly? This is showing someone requesting money, receiving it, and using it within a span of 10 mins or less. But I agree, there will be other examples too, things that show how beneficial bitcoin is over the current fiat system. Imo, as far as transferring payments and using it for purchasing right away I think bitcoin is much more useful than PayPal, and certainly more useful than WU. |
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If you want a professional result, you are going to need some professionals, maybe even some adults.
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not a bad idea. but do you have some skills (video, editing, sound) to make such a video?
Not enough to make it in the quality I want it to be... I don't want it to look like it was made by an amateur, I want it to be Nike/Apple level in terms of quality. So yeah, I'd definitely need a team for this. On a high level I've visualized exactly how I'd want the commercial to be like, but it's certainly open to discussion |
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I want to create/produce a high-quality bitcoin commercial, similar to Apple or Nike commercials in terms of simplicity and elegance. I feel like there should be something like this, and it would help a lot of people gain awareness and trust, but of course it would cost money.
It should show bitcoin's basic capabilities in a simple fashion... i.e.-- a guy from Tokyo texting his mom in the USA requesting lunch money... the mom quickly opens an app and sends a $ amount (in bitcoin) instantly to the guy's phone (and it shows up in yen)... and the phone generates a QR code which the guy scans at the register to purchase his food. .....can this be done so quickly and easily with our current banking system? Hell no. Another example in the commercial could be of a poor kid holding up a QR code in a picture or video that goes viral, and he receives donations from people all over the world.
It should show some examples of how powerful and useful bitcoin can be, in ways that are not possible with our current banking/monetary system. The purpose of this commercial is to spread awareness, and maybe convince people that bitcoin is actually legitimate. I wish something like this could be played during the Superbowl or between a popular TV show that younger people watch.
I'm willing to work on this for free because I believe bitcoin has an incentive based model where the benefits are real, and the more the network grows the greater the benefits are for everyone in the network. That's why it doesn't "need" advertising, and it's come as far as it did without any. But advertising will still help regardless, and I want to play my part in the bitcoin community and create something which, imo, can be very useful in terms of spreading awareness.
A youtube commercial would be great, but having it on prime time TV or in the Superbowl would be even better but it'll cost $$$. If I was someone like Tim Draper, I'd fund it myself... but since I'm not, anyone have ideas for an approach? A non-profit kickstarter for a good cause in helping bitcoin adoption? Anyone interesting in helping with the commercial? Is it a bad idea overall? Thoughts?
Thanks
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OP..
knight22 has been in agreement with you the entire time.. He is showing charts to prove you are correct and that he agrees.
I see now. Sorry knight22 |
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If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin.
And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then?
bear market, aka shorters, isn't exactly synonymous with patience, if there was truly patience then the price would still be at half of it's peak, and waiting for the next pump to happen and for the second point...simply because the price was much lower, even a puff, would have rised the bitcoin price, this is why i said it was mandatory, everyone was expecting it, now not everyone is expecting the rise True |
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fuck off with this generic bullshit
 Generic yes but still accurate. So the greed phase keeps repeating, and thus we can expect to see another one. Thanks for proving my point? it will happen definitely(all the recents good news are telling that), but the question is, can you wait until then? even if it drop to sub 100? many will dump long before that, there is no patience here anymore, like in the good old days, where the rising was essentially mandatory and expected by anyone, fudsters/trollers/ and dumper included
If anything people are more patient than ever now since we are still deep inside the longest bear market anyone has ever seen in bitcoin. And are you saying everyone expected a "mandatory price rise" back in the day but now it's different? How the hell does that make sense.... back in the "good old days" people weren't even sure if bitcoin would take off and get public recognition, they weren't even sure if bitcoin would be legal in the US, the overall investor and VC/startup activity was not anywhere near as close to what we have now. So how the hell are people more pessimistic now than they were back then? |
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