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I have $50.00 in USD paysafe cards.
Looking to sell for Bitcoin.
Anyone interested? PM me.
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I have a Verizon 4G LTE mobile broadband. It is slightly used. Looks brand new. No dents or damages. I have no use for it anymore.  $35.00 in BTC. Comes with battery and USB cable. The brand name is Novatel Wireless. You can use the mobile broadband as prepaid or postpaid. PM me for more details or offers. Ready to ship. |
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I believe what we are seeing is panic buying in response to panic selling. It is not rational. It is based on the theory that Bitcoin will (in fact) be worth 5,000, 10,000 or 40,00, or a 100,000, or what not in the near future.
This may very well be true; but, at the present, what we are seeing is the birth of new speculation, this time by Westerners.
Panic buying, I fear, may not be enough to stop this down slide.
We still have the rest of this year and January to worry about.
And then we have to pray no new restrictions are placed on Bitcoin in the EU, US, Russia, South America, and the rest of Asia and Australia.
If the EU follows suit and announces similar measurements against Bitcoin exchanges, Bitstamp and Btc-e will collapse. And so will Bitcoin (though not completely)
Our beloved decentralized currency is so open to manipulation from the powers that be and greedy speculators.
Remember, let reason be your guide.
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I have a conspiracy theory. Here goes:
1. Either all the news out of China is true and the confirmations of the story widely reported on the Internet are true;
or
2. They are false.
The conspiracy behind these two:
1. Those denying the news out of China are deliberately spinning the story or denying the claims, even though they know they are true, in order to prevent a larger crash;
or
2. The news out of China is false and was propagated in order to beget more FUD and thus drive the prices down.
Or, possibly, there is so much confusion that no one really knows whats going on.
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If you notice the news' reports the last few weeks, there is a growing war against Bitcoin.
Central bankers cannot tolerate a decentralized system that actually frees humanity from their criminal enterprise.
I do not think governments are going to ban Bitcoin absent an incident, only because it is a black eye to any government to stifle technology.
What I suspect could happen is that another False Flag terrorist event involving the transfer or use of Bitcoin could cause the US or the EU to severely restrict and/or regulate Bitcoin to the point where its use is eliminated.
If a false flag is not used in the immediate future (year or two), then governments may pass super strict regulations to protect the international bank cartel and the institution known as governments.
We all know that governments cannot stand a system independent of the system.
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Can anyone confirm or deny the following:
Does Coinbase require government issued ID when opening an account and buying/selling bitcoins?
Does Btc-e require government issued ID when opening an account and buying/selling bitcoins?
Does Bitstamp require government issued ID when opening an account and buying/selling bitcoins?
I'm 99.99% certain the latter two do require ID. Not sure at all about the first.
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Considering the similarities between the two and the fact LTC offers little "improvements" (which many would dispute are improvements at all), does anyone seriously consider Litecoin having a place in the world? We all hear that Litecoin is silver to Bitcoin's gold--and while this may sound plausible, it really makes no sense. Litecoin acceptance in the marketplace is dismal; it's only real hope is that one of the major (other than BTC-e) exchangers accept it. But even then, why would anyone use LTC over BTC for transactions?
Are we supposed to assume that, in the future, people will use their silver (Litecoins) for small purchases and Bitcoin for larger transactions?
LTC appears to offer very little (if anything) to the marketplace. Its sole benefit appears to be pump and dump. LTC was going up in value and will undoubtedly grow in value over time; but beyond speculation, there is little benefit to this coin in the marketplace.
Competition in cryptocurrenies are a good thing (let the market determine the best coin) but LTC is not that coin.
Who here agrees or disagrees and why?
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Bitcoin is not dead.
Stop the trolling already.
Although I agree Bitcoin is currently being artificially propped up (panic selling is translating into panic buying), even if the price should fall to under $100.00, Bitcoin is not dead.
It is high time we start to look at Bitcoin for what it is--and not what it is not.
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If Bitcoin is the gold standard of crypto-currencies and Litecoin is the silver to bitcoin's gold, then why does Goldcoin advertize itself as the gold standard of digital currencies?
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Is anyone buying bitcoins at the current selling price? And if so, how much?
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I suspect the following will happen soon.
I suspect the price of Bitcoin is rising because of speculators. I suspect speculators are driving the price very high, very fast, making it much more difficult for the traditional Bitcoin user to purchase.
Once the price reaches a certain amount, these speculators, who don't care at all about cryptocurrency, will sell their coins. These coins will flood the market. People will panic, fearing a collapse. Everyone sells, except die hard bitcoiners. The price plummets to under a $100.00. These speculators, who just made a lot of money, will rebuy the coins for cheap.
And the cycle repeats itself over and over and over again.
This is the inherent flaw in bitcoin.
Who here agrees or disagrees and why?
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