and so we see some big, slow companies trying to force the old, slow fiat into a fast modern payment method. and thats why there will be enough room for improvement, and sooner or later someone will have the bright idea and say: "hey, lets use a payment system designed for online transactions instead"

finally the faster the trade moves to proper, regulated exchanges, the better the long term possibilities (my opinion)

btw: to grab up one of the early ideas about bitcoin: it was once designed to be unban-able, would be really fascinating to see how it turns out.

so? someone offered to generate money by magically spinning your funds around and it turned out to be a... omg... a scam? goddamn jesus, what world do we live in!

again, so what?

"always" and "ever" are the best ways to get rid of your money

funny how some guys argue against fixing btc

but ok, hey, this is the internet, the only place where you can find people with an iq low enough to argue that humans have never been on the moon
just don't know why you bother trying to "convince" them, just let em ramble

well, what happens here in this thread is a pity for the whole forum, and i honestly don't understand why the moderators aren't intervening. whether it is a self moderated thread or not, i dislike beeing part of an "online community" where it is acceptable to spread stories about the state of health of another participant in a discussion with aim of discrediting him.

the satoshi-stash in bitcoin is there, for sure. here is a nice article about it with a good estimation of his amount of owned bitcoins:

https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

'nough said

so we arrived at the point where upswings are market manipulation and falling prices are the only natural thing? k, thx for this insight

i see the chances for failure way lower than the chances for success, simple as that.

but i am not blinded by moons and rockets to be absolutely sure that the chance of failure and thus loosing all invested money is by far higher than eg investing into the stock market right now.

i more or less compare it with buying stocks of a small, tiny company with a great idea. future will tell if i invested in microsoft or <insert one of the many other tiny companies with similar ideas in 1985>

while i am trading sometimes - and yes, even shorting sometimes - i still follow the plan that i made around the last ath: buy as long as btc is below 1000$, then wait and see.

i am in with a moderate amount of money and wrote it off as "spent", so nothing in the world would make me sell the stuff. edit: yes, exactly, i would ride it down to next to nothing.

my current mindset is ... well... i shorted recently, but just to increase my stack of btc. right now i think that the risk of having to rebuy at higher prices, thus resulting in a btc-loss, is higher than the possible reward of another downswing. sure, there are some indicators pointing towards a retest of the recent low, offering a chance for 10%ish gains. on the other side we heard a lot of very interesting stuff this year that - in my opinion - has been neglected in price formation to some extent because of the downward momentum. the rule of buy the rumor, sell the news has been overridden and might lead to a reversal if people are confrontated with the results. that happened - in my opinion - because the current players involved in btc are not able to understand the mechanics that are currently working behind the scenes (outside the exchanges). honestly, most of the so called "investors" right now are more or less grown up kids with no to abysmal small knowledge about money, investments and economics.

since i am risk averse and in overall bullish, i stopped shorting recently and will compensate further price drops with additional buying. on the other hand i still see a possibility that btc might fail within the next 1-2 years, resulting in prices around 1$. but right now the btc-investment has moved from "pure lunatic stuff" to "highly speculative asset", and thats something.

this direction --> Altcoin Discussion

"buy my next, etherum, ripple, [insert random shitcoin, even premined scamcoins here]. buy em! cmon, buy em! bitcoin is dead. now fuckin buy my coins!"

you forget the trading joe here because they think that bitcoin has better chances to give them wealth than playing the lottery, but still trading to increase their stash

well, we got heavy movement across all exchanges, a severe rejection on high volume, interesting chart patterns and what is going on here?... just... wow... time to finally discard this thread

ripple shill 1
ripple shill 2
ripple shill 3
ripple shill 4


wonderful now that you are all have a gathering here it's way more easier to expand my ignore list

well, lets see if we break this one then:



will definitely need some volume.

btw: the drop below lower line may indeed hint that a bottom is imminent

edit: ah, cheers to luc for pointing it out btw

so on sunday? 250? possible... but i buy at 200ish first

west: pump!!! break it!!!

china: nope

bitcoin is and always will be interesting for the people who are not happy with the current level of control exercised by companies such as apple, google and facebook. it is the first technological invention in ages that goes contrary to further centralization, giving the user the opportunity to once again "own" something instead of just gettin it leased by a company on their terms.

the last decade was characteristic for a change in the way you "own" the things you have bought. with the companies above, a silent shift was made from buying physically goods towards leasing digitally goods. basically, all music bought in the apple store, all games in steam, all digital books on kindle etc. are not owned by you in the way you own the chair you are sitting on. you paid for both, but while you can do whatever you want to do with the chair... with the other stuff not so.

a digital currency designed by said system would be quite the same. you buy some of their tokens, but they can decide what you are allowed to do with them, and can change the rules at any time without your consent. if the majority really want to let a company decide what they are allowed to buy with their digital money, then this is the future.

still hoping that this kind of dystopia won't come true.