Every thread I read seems to be full of dire predictions that bitcoin's best days are over. I can't help but think they're wrong simply due to the various startups working on all sorts of bitcoin developments. Anyone agree with me?
Of course. And your perception is actual reality. Because apparently unlike many in this sub-forum, you seem to be keeping aware of whats going on. Listening to the Lets Talk Bitcoin podcast daily will graduate someone from a chart starting weak hand type, to an informed buy and holder with resolve that is based upon infrastructure. Not price. -B- |
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I just wrote them an email too.
Don't put Bitcoin into the "topic" of your email. They probably have a form letter that is kicked out when that keyword triggers it.
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instead of crying about it on a forum. contact them yourself and correct them.
email is your sword, correcting them is your battle. don't be afraid, no blood will be spilt...
its just an email after all.
I have proposed putting together a small community of people from this site, and others, who focus entirely on the "Comments" section beneath articles. To correct the misinformation from the article itself, and the absurd retard-fest that always ensues in the Comments area by the readers. Don't email the author. Write a comment under the article so both the author, and every reader sees the correction. Don't be a dick about it. Sound smart, grounded, and rational. Bad attitude will overshadow the information you're conveying. -B- |
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I am confused. A few days ago, Kim Dotcom was saying that he will create his own altcoin, and popularize it through his new file-sharing service Mega. Now he is saying that he will stick to Bitcoin. What to believe now?
Alt coins are about to become obsolete, with the introduction of Bitcoin Sidechains by the creator of HashCash - (the biggest influence on Satoshi himself when creating Bitcoin). http://letstalkbitcoin.com/e99-sidechain-innovation/#.U0wLZ1c1Gn8-B- |
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iGrow -
Technically you could run an entire economy using 1 Bitcoin.
They would just modify the core code to allow for further subdivisions.
So yes - even with all the lost Bitcoins, there is no effect on the ecosystem.
Except that the people holding "whole bitcoins" become that much more rich. Because its that much more rare.
So by all means people. Please. Lose your coins!
-B-
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It is time to stop worrying about price and work on getting as many bitcoins as possible. FINALLY!!! Someone is talking some sense. You should be stockpiling BTC right now. Not playing the system. Gather them, collect them, mine them directly, mine DOGE and sell to BTC, sell your body, sell your children, give someone a handjob, perform a service and get paid for it. You are early adopters and you are going to look back on these days WISHING you had simply piled up your coins, and locked them on a paper wallet in a safe deposit box at a bank. Trust me on this. All the OGs care about is increasing their BTC holdings. All the noobs, like yourself, care about is padding their fiat wallets. Bingo. |
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I don't think a person buying only 1BTC is ever going to become rich off of it, whether they buy it now or in 3 months. +1 You'd have to buy a decent amount of coins now to potentially become wealthy from it +1 The days of putting a few hundred bucks into BTC and becoming rich are over. +1 |
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the gradual decline may signify a loss of confidence in the system itself. That fear, that the Bitcoin infrastructure itself is insecure, is not entirely without merit. No The price is dropping because China is slowly pulling out. There is no magic, mystery, or secret code that your magical charts can reveal to us about the minds of the people holding bitcoin. There are solid, logical reasons for each and every price change. |
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What I find so curious is that many HODLers here seem to have a very religious devotion to Bitcoin, despite the serious situation Bitcoin is in.
Oh no. Its not a religious devotion. Its fact-based rational confidence. Knowing all the latest news. Speeches at the most recent conferences. Hours spent listening to the latest Podcasts from Lets Talk Bitcoin. Hearing what is going on in adoption around the world. Interviews with the people in Africa lobbying the Govt for Bitcoin assimilation. Argentina. Canada. Europe. Singapore. Knowing about Bitcoin 2.0 projects. Images on Twitter of 400 new ATMs about to go live in Dubai. Following Ben Lawsky on twitter. Hearing the latest sales numbers from Overstock and TigerDirect. Being the first to know about Square. St Louis Fed Reserve rep comments. The senator who put together the "Bitcoin is Currency" bill he planned to bring before the govt. Because of the obvious massive adoption and growth going on, I know that "holding" will pay off one day. There is absolutely no reason for anyone to be cashing out yet. None. Doing so reflects a complete lack of awareness of what media outlets like LTB and Coinsider This are trying to convey to all of us. The day I get the true vibe that the infrastructure is beginning to fail, is the day I cash out. I continue to be bewildered by the sheer volume of people on this website who have absolutely no knowledge of whats going on out there in infrastructure and adoption. If you guys put more effort into knowing whats happening, you would have the rational confidence necessary to be a holder too. -B- |
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Annoyed: At the weak hands who are examples of the weakest lamest aspects of the human psyche.
Happy: That the day traders were so flustered and upset and screaming doom, because their brains cant comprehend foresight longer than their outstretched arm.
Personally: Remembering how badly i wished BTC was at $350 again so I could buy a shit ton.
And I did.
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Is it Chinese owned and you're saying its a shill site for China to make them look like they're buying a lot?
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Aside from the fact that NOBODY in any other country is supposedly buying Bitcoins (other than China)
(nonsense)...
I sat here and watched someone purchase exactly 26.5 Bitcoins just now on Coinbase, with a fee of 1%.
Within 30 seconds saw 26.8 BTC flying across the screen into China.
There is no way that happened coincidentally.
It looks more like the Bitcoins purchased, plus the Coinbase fee which they give to themselves in Bitcoin.
26.5 x 0.01% = 26.8 (rounded up)
Nothing flew into to the USA for at least 15 minutes after that. And honestly for nearly an hour before.
Is Fiatleak a chinese owned website by chance? I see chinese characters in the top right under the site name.
-B-
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LOL at whoever bumped this thread tonight. Its good we all have good humor about this  Think long term, gentlemen. -B- |
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You're just in a bad mood because you are a day trader, and the price is tanking.
You have no confidence in the future, so this is your "window jumping" moment.
You proved his theory correct.
Meanwhile I have "X" times as many bitcoins as I did the day I started out.
All I have done is buy and hold from day 1.
-B-
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What's bullshit?
That I believe Bitcoin will succeed long term?
Obviously I believe that if I am holding right now, and buying more.
Nobody said I wasn't also going to enjoy the profits.
He said "Just" want to make money.
Nevermind. Talking to a dummy. (see signature)
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He said those "just" looking for money. Versus those who believe in Bitcoin.
I am holding because I believe in Bitcoin.
Bad wording on his part.
Bad comprehension on yours.
-B-
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bitcoin has a way of rewarding the ones who believe in bitcoin and punishing those just looking for money.
I couldn't have said it better myself. See my signature for why. -B- |
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Hodle all your coins - the Marshmallow man is coming to munch them all up!
LOL  |
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Because 120$ is where we came from August 2013 - the real price.
That was a year ago. I realize you day trader types intentionally do nothing to read about the infrastructure or goings-on in the industry, but a lot has happened since August 2013. Therefore $120 isn't the real price anymore. -B- |
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Nope $13
Why stop at $120?
If you're going to pull something right out of your stinky rear end, at least make it dramatic.
-B-
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