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Sell Now!, and buy back lower.
Alot of pumpers will say it is just correction.
If the stock market, bond market, or any market went down 30% in a matter of hours. That my friend is a severe crash..
This is no correction. BTC is collapsing.
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Am pretty sure this topic has been discused before.
But BTC is king dingaling of the cryptocurrencies. Do any of you see any altcoins being as successful as BTC.
When eBay started, hundreds of other auction sites sprung up all over the internet who tried to capitolize from ebays success. None of those alt. auction sites are around today.
Could the same scenario be happening here?
Thoughts..
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The chinese government is going to ban all vendors from doing transactions with BTC. Its already in the works, look it up at google.hk Also, alot of you people who have this idea. That bitcoins will be used as a medium for transactions throughout the world are very wrong. FYI- The Internet is about to be broken up, and not interconnected with the world soon. Alot of you members havent heard about this, and the news media hasnt even talked about it. But after the NSA spying scandal. All governments throughtout the world are building there own INTERNET system, seperated from the USA internet. The world wide web will be dismantled in the next.2-3 years, so it will be impossible for BTC to be used from country to country. Each country will control of its own internet. So this dream that BTC will be used for.transactions.everywhere is dead. Souce- http://voiceofrussia.com/2013_10_28/BRICS-countries-are-building-a-new-Internet-hidden-from-NSA-7157/ |
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A lot of people feel like they missed the boat by missing the bubble.
I'd be happy to miss that boat anyday.
Why? Cause its a boat that will eventually sink. Who wants a ride on that.
A very few people will profit, but I wouldnt intentionally invest in a parabolic bubble, too risky.
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A man once told me that Fiat was just pieces of paper. He advised me to buy precious metals. He said it was the only REAL physical money that has lasted the test of time (4000 + years)
I than I met another man. Who told me that cryptocurrency Is not even a physical currency. He advised me to buy some Fiat money. He said , that "At least" you can start a fire by burning the paper to keep warm, or use it as toilet paper to wipe ya ass with.
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I haven't logged onto the internet in days, and just looked at the cryptocurrency charts.
In my 30 years as an investor. This is the worst Manipulation I have ever seen in any market in my entire career (reminisce of the dot.com mania)
$100-$400 Dollar swings in the matter of minutes. Wow, alot of you people are going to get burned bad.
Cryptocurrency may have a future once its regulated , and markets are more stable, but alot of you will lose money in the meantime before the government puts there claws into it.
These wild swings are an obvious sign that something is controlling it for profit.
Whos not to say the EXCHANGES are hoarding the majority of the coins, and when the price gets high, they dumpem at a huge profit, and knock the price back down. Rebuy them at a lower price (wash, rinse, repeat).
Those wild huge dumps, its a Big Red Flag of thats whats happening .
And when no more suckers are buyng coins at these premium prices, they will dump a tsunami of coins on the market and bring it back down to double digits again.
ONLY THEN, Will everbody be crying "It was in a bubble stupid"
And once you greedy people Finished Getting Burned, losing alot of money, and complaining about it. Only then will you wake up to reality.
That will be the REASON for government to step-in, regulate it, and control your New World Order currency.
Thats why BTC was released anynomously. So they (Gov.) could easily step in and take over it.
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How did these scammers acquire my email address?
Received this email (claiming to be) from this forum-
Dear Bitcoin Member,
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You send deposit 1 BTC we return 3 BTC
You send deposit 5 BTC we return 17,5 BTC
You send deposit 10 BTC we return 50 BTC
You send deposit 100 BTC we return 500 BTC
You need to make spend deposit to Bitcoin Forex Investment Address: 1xPyfH1AqV2DbEweh6USf1HYg7D9HuC2Uf
Login your bitcoin account or software / Send Money (Coins).
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The minimal deposit is 1 Bitcoin, while the maximum deposit is 100 Bitcoin per member.
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Deposits are accepted until Nov. 28 2013 00:00 (GMT).
Please DO NOT reply to this e mail.
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Best Regards: Bitcoin.org, Bitcointalk.organd Tokyo forex partnership.
Bitcoin Project 2009–2013 Released under the MIT license
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Please mark this page:
After today, there is no doubt in my mind the BTC was created by the government, and will become the new world currency, we all, have been trying to avoid for so long.
What better way to gain support for a New World currency, then by making alot of people rich, and hearing all the great stories about it. Everbody will pile into it, and will make alot of money in the process. So many people will be happy, and word of mouth will continue to build support for this BTC system.
Wake up, this is it and its only the beginning
Transactions are anynomous on BTC (Thats BS). Everything is linked to an IP adress, and logged onto a blockchain. How do you think they caught and shutdown silkroad.
Sell the citizens this illusion, that there is some new anti-gov currency, that was created by someone so smart we dont know who they are, and transactions will remain anynomous.
Are you people that blind. I know most of you have made money so wont bother really caring (The Greed of Human beings is astonishing)
Forget about the GREEDY part of making money. Think about it , very deeply, and thoroughly .
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Obviously alot of us support the idea of a decentralized currency.
But what happens if SOMEHOW, the bitcoin currency crashes. (BTC $ is not insured and you lose it all)
Or if you pay someone with BTC and never receive your product. (the transanction is irreversible) so is the buyer just screwed.
I understand that we all dont like the money printing happening in the world. But dont you think having FDIC insurance at the bank, and having a little protection is better than having none at all with BTC.
Thoughts pls.
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Everything I have read/ heard about BTC is pretty good, a digital currency that can be used for any transactions.
I keep reading/hearing that the price of BTC can go up dramatically (Million per BTC). We can all assume thats why the prices keep rising (alot of us are just speculating).
But at what point can the AVERAGE person even afford to buy 1 BTC. Not too many If the price of 1 BTC keeps going up ($600usd and higher).
The BTC ecosystem sounds contradictory. On one hand everybody says cryptocurrency will take over the world, but on the other hand, not to many people can even afford 1 BTC. How can it take over?
Theres 21 million BTC that could be created, but at what price point does 1 BTC get to expensive. Am assuming thats where 1 BTC gets broken down and people just start buying Satoshis instead of WHOLE bitcoins.
If BTC gets to expensive and people just start buying satoshis; I guess the price of 1 BTC could be 1 million dollars, only if 1 satoshi = 1 dollar. B
Correct me if am wrong, am just trying to understand the "thought" system here.
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Greetings,
Am new to BTC. I been planning on investing for over a year, but finally took the leap tonite.
I purchased a small amount of BTC first, just so I could practice the learning-curve. I want to get comfortable before making a bigger purchas.
I bought some BTC tonite from VIRWOX. I want to save my BTC into cold storage. What do I do now?
Thanks in advance
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