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921  Economy / Speculation / Re: $245.. on: May 09, 2015, 11:34:28 AM
Every pump is a wasted effort to get the price higher, while whale traders happily dump loads of coins to bring people back to reality.

I wouldn't exactly call this whales dumping, i mean one fifth of the volume what it cost to get to 245 brought us back again.
When whales poop,  you will notice.
922  Economy / Speculation / Re: $245.. on: May 09, 2015, 10:22:59 AM
Aaand we are back where we started. Who would have expected that... a dead cat bounce... shocker!
923  Economy / Economics / Re: Why do we pay so much when the same function can be performed by a few Satoshis on: May 08, 2015, 01:50:20 PM
I suggest you read the Bitcoin whitepaper,  should make more sense then.
924  Economy / Speculation / Re: wot if on: May 08, 2015, 01:41:27 PM
Nothing will happen. If anything it will crash more.
the 2016 halving is already calculated into the speculative price at this point. In 2016 people will get scared if the price doesn't go to the moon as they hoped. So they panic sell, more people panic sell. Fine, we all know how this story ends, we all watched Titanic.

Another troll on my never-ending ignore list, good job bro it wil have consequences for you.

You know what it's called when everyone around you has moved on and tries to explain why it didn't work, when more and more people in your environment apparently seem to have become trolls..?
Yes,  it's cognitive dissonance.


Sure there are many trolls around,  but also many smart people with a realistic view of why and how bitcoin has failed as an experiment. We can only learn from that and develop based on our mistakes. No need to get hostile.
925  Economy / Speculation / Re: BitCoin @ 285$ on May 27th on: May 08, 2015, 01:24:07 PM
Activity: 1


Sounds legit and trustworthy. All buy bitcoin!
926  Economy / Economics / Re: Is bitcoin dead? on: May 08, 2015, 01:20:37 PM
No neither its dead nor dying. Bitcoin has a great future and it will grow its value in coming years Once the Government start accepting as a currency it will grow more and that would directly increase its value so i don't think its dying for next 15 to 20 years atleast.

You sound like Neo.. i would recommend you take the red pill and wake up, but you seem all too comfortable in your bitcoin bubble.

Bitcoin was presented to the world. The people have seen it, the government has seen it,  and they rejected the concept. Worse, they laugh at it and disgust the fundamentalist ideas that often go with it.
That's where the story ends. Sure there will be a few years of hopeless trading,  crashes and dead cat bounces, but this is it,  has been for a while now.
927  Economy / Speculation / Re: wot if on: May 08, 2015, 01:15:05 PM
Nothing will happen. If anything it will crash more.
the 2016 halving is already calculated into the speculative price at this point. In 2016 people will get scared if the price doesn't go to the moon as they hoped. So they panic sell, more people panic sell. Fine, we all know how this story ends, we all watched Titanic.
928  Bitcoin / Bitcoin Discussion / Re: Things to think about NOW, before the next bitcoin bubble. 💥💹🔜 on: May 07, 2015, 08:57:43 PM
As strong as my inner troll may be.
I think this is a nice post.
929  Economy / Speculation / Re: SURPRISE! Dead cat bounce. on: May 05, 2015, 08:13:49 AM
Many are waiting for sub 200 to get back in ... will they get it?

I am quite sure about that. These dead cat bounces happen all the time. But the general down trend is still very strong and selling pressure is only growing. We are already back again on the slippery slope of about -3% daily.
930  Economy / Speculation / SURPRISE! Dead cat bounce. on: May 04, 2015, 03:26:32 PM
LOL who would have expected that! Total supririse.
Sorry i'm laughing my *ss off here.
931  Economy / Speculation / Re: declining volatility on: May 03, 2015, 05:38:13 PM
For every day we hover around these ridiculous high price we can expect the crash to be even more severe.
Right now it looks like the next crash will completely oblitterate everything left of the bitcoin ecosystem.
It won't be much longer before the true ponzi nature of bitcoin is revealed.
932  Economy / Speculation / Re: If Mark Karpeles were running the top exchange, we would've had another rally. on: May 02, 2015, 09:52:51 AM
Very possible. He would at least attempt to get a huge user base to steal coins from again. Who knows what he would do to avhieve that.
I doubt that's going to happen though. I think he's good for now sitting on 500k BTC with his fat ass.
933  Economy / Speculation / Re: How SOON will the BTC rally begin? on: May 02, 2015, 01:13:38 AM
It is difficult to say, because this rally is going to be drawn out, just like everything else lately.

It is going to be very long, relatively gradual with its own corrections and peaks.

It will start soon, but it won't be obvious, then it will be obvious, but it still won't go double-parabolic like April 2013.

I think late August, around school starting.

Optimistically, I predict that this rally will flow into the S-shaped adoption curve, and over the next 3-7 years we see about 5-15% of the global public adopting bitcoin per year.


The entire bitcoin system wouldn't even be able to scale to supply service to 1%... so no... that will not happen.
934  Economy / Speculation / Re: How SOON will the BTC rally begin? on: May 01, 2015, 10:35:44 PM
why is never not at option?
935  Economy / Speculation / Re: And it begins on: April 29, 2015, 10:13:01 PM
Oh Lord... this ship will sink even faster than expected now. With this exchange all the hacked and scammed coins can be dumped much faster. Prepare for free fall..

The desperation is strong with this one.


yada yada. People have lost interest in magic money a long time ago. Just try to talk to friends and family about it and you'll get laughed at.
As we calculated there are roughly 1.2 million btc waiting to be dumped by hackers and scam artists. This pressure is beyond anything even a big group of bitcoin fanatics can negate.
936  Economy / Speculation / Re: And it begins on: April 29, 2015, 09:49:51 PM
Oh Lord... this ship will sink even faster than expected now. With this exchange all the hacked and scammed coins can be dumped much faster. Prepare for free fall..
937  Economy / Speculation / Bitstamp compromised? on: April 26, 2015, 08:38:52 PM
I've been trying to get my fiat out of bitstamp for over 2 weeks now but the transaction stays in queue.
I resubmitted the withdrawal request but same thing all over.
I've sent support a ticket, no reply yet.

Anyone knows what's going on?
938  Economy / Speculation / Re: Shorts on Bitfinex at a all time high! on: April 26, 2015, 03:20:34 PM
Miners haven't been mining at such great loss for a long time, so they hold or they short. Most of them are smart and know the market is collapsing, so they short, causing more pressure for the market to go down, causing them to have to short more, causing more pressure. See this market CAN only crash, there isn't even potential to go up.
939  Economy / Speculation / Re: Slippery slope is back! on: April 26, 2015, 02:12:56 AM
And it's back!
The very few bulls still left can't fight the massive selling pressure anymore, we'll continue this slippery slope for a few weeks i think (-3% to -5% daily) until the pressure is too much they can't even reduce the decline to that level and it will plummet towards $100 within minutes to stay there for at least 2-3 months.

Don't you get tired of posting rubbish? The only thing you are doing is making yourself look like a clown.

I thought legendary users would at least know what they are talking about. I was wrong with thinking so it shows.

Yes, absolute rubbish! Care to look at the charts for a minute? Don't forget to look at the pathetic order book also, 30k btc dump brings us sub $50... We've seen bigger dumps in the past..
When a dump of 0.3% of a currency's total supply brings complete chaos to it's economy there's something very wrong...
940  Economy / Speculation / Re: You are not a real Bitcoiner if you don't buy now. Shame on you! on: April 25, 2015, 02:29:52 PM
If anything this is THE time to get out of the system, it will completely collapse real soon, the pressure is higher than ever before. It may climb back a little bit after we drop to around $100, but it's still better to get out now and don't look back. Move on to more innovating and scalable technologies.
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