Can I have my permabull label back now please?  Only if you still have your magic beans. |
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Doesn't even have a wallet. Great coin lol
How can it be decentralized without a wallet? |
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Stamp looks reluctant to go below $310...
It's taking time but about two thirds of the 1k wall at $310 has been dumped into. There's only ~370 coins stopping it going below $310. |
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Mastercoin was $52 on that chart and is now $2.65  Auroracoin has gone from $22.22 to $0.02 - 2 cents (I'm not even working that loss in % out). Luckily I bought only 0.03 worth of AC No one reads my posts? I worked it out as a 99.8% loss in value, clearly making it the WORST investment of the year. I never bought any but a friend was trying to get in on the pump and I told him it was a bad idea and he lost like 10 BTC. I considered buying but decided not to because it was about $2.50 a coin and I thought it could not get pumped up much from there. In retrospect I missed out on the chance to make some money but also missed out on the chance of losing a considerable amount of money. |
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2-in-1 calculator and bitcoin portfolio advisor:  Any idea what the "♪ " button does? It is probably a misprint of the square root symbol A square root symbol that mutes the device is sort of odd  It looks like the manufacturer's logo on the upper right corner of this enlargement. I can't guess what the button does though.  |
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As long as bitcoin's around I expect there will be alt coins around.
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Coinmarketcap indicates premined coins by placing * or ** next to the available coin supply.
* means Not Mineable
** means Significantly Premined
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Try to deduce what the intention behind the alt coin is. Is it for the devs to get rich? That kind of thing.
They're mostly all worthless unless you want to make money off pump&dumps. Which makes the job easier, yet harder to find the needle in the haystack I guess.
Why even bother? Just stick to Bitcoin.
This time last year there were less than 50 coins on coinmarketcap, which made picking a winner pump&dump possible. Nowadays there are too many coins and it makes picking a winner pump&dump extremely difficult. |
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I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.
Actually, Ethereum could possibly do it. That's why I've taken my seat in that train. Ethereum is so deep and so well thought of, it's the 2nd biggest crowdfunding in history, can't wait for the day it launches. When is the launch date likely to be? |
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"Go into"? Where have you been the past year!?
not yet not yet my friend, starts from low $200 and $100 soon Where have I heard all this before... ah yes, around page 237 give or take. except now $300 is the new $3 and *everyone* is going to get back in at $2xx just like everyone got back in at $2.xx back in the day  Yeah, because the amount of new fiat money coming in to pump the price now is the same than when it was at $2... BTC price exploded when it was worth nothing and it just needed 2-3 deep pockets mofos to pump it (+ Willy and Markus bots + dotcom bubble-like euphoria + china shadow currency P&D speculation) therefore it should naturally continue to go parabolic indefinitely and never stop. ^^^ Nice perma-bull logic He doesn't sound like a perma-bull to me considering he sold all his bitcoins and is waiting for the bottom to buy back in. I thought perma-bulls only HODL. Yeah I reckon you could be right - in 3 years time I'll be sat in a bar in alaska, having lost all my family and friends, failing health. Loads of bitcoin, all useless...  Awwwww....buck-up, bucko! Send me your worthless coins. I don't have any yet, I'm waiting for the bottom to buy back in! |
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"ARRGHHH" is the only sensible answer. I would be suspicious of anyone answering different.
+1 I voted for ARRGHHH because the other options were ridiculous |
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Four charts? Not much of a sample, is it? The charts must have been created in early January 2014 when everyone was wildly optimistic. The article's author probably thought he didn't need big samples because he was being wildly pessimistic by predicting a price as low as $10000+ |
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Some claimed that BTC would be around 10k+ by now with pics that made lots of sense. yeah ..mainly pre goxxing and china banned-but-not-banned-a-thon. I see a fair bit of strength in a market touted as bunch of digital tulip beanie babies. those kinda of assumptions we're also just noobs like me thinking that people could digest bitcoin fast enough, and thats just not true. It takes some time and sometimes multiple factors to finally break the fiat only belief systems that some people are stuck in. these numbers just take an estimated user base over a finite amount of coins to be created by x date. as well as usually being based on comparsion of btc eating up a % of certain markets. Gold, Western Union remittances etc. This link shows no less than four charts all suggesting bitcoin will hit $10000 next year. According to the fourth chart bitcoin should be selling for $600 $10000+ today. All four charts got it wrong. https://www.cryptocoinsnews.com/four-charts-suggest-bitcoin-value-10000-usd-next-year/edit] I misread the fourth chart, I thought it showed the price should be $600 today, but it shows it should be $10000+ today. |
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Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(
It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief. It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing. Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94. It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time. In 2011 it hit bottom far faster then slowly started climbing. This year it took far longer to reach the current low point and if there are lower lows to come it will have been going down for over a year. The current cycle seems much slower than the 2011 one. |
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Almost everyone who want to sell have already sold, now the only sell pressure comes from daily coin generation, and since many profit oriented mining operations are going to shut down, the mining will shift to home miners, who are the backbone of bitcoin ecosystem. A true bitcoin miner never sell more than 10% of his coins in 5 years period
The biggest mining operations might force everyone else out by continuing to mine when it's unprofitable. They have probably got the money to do it saved from earlier this year when mining was very profitable. |
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Mastercoin was $52 on that chart and is now $2.65 Auroracoin has gone from $22.22 to $0.02 - 2 cents (I'm not even working that loss in % out). I think it peaked at $80. I feel sorry for anyone who paid that and held. |
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Mastercoin was $52 on that chart and is now $2.65 |
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Is this what chartbuddy's chart looks like to everyone else, or is it just me?  |
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There's simply too many people who will buy at ~250-280, don't expect a lower drop than that. If somehow we go below, don't expect it to last long and grab your cheap coins.
I think one factor that effects that is how fast the drop happens. I remmeber, when the price was around 450, then people used to say if it would go to 300, then they would buy 50K worth of bitcoins. But the drop was happening really fast, and a lot of them didn't. However the high 200 , and the low 300 does look like a stable bottom for now. I remember people talking like that in September. The chances are bitcoin hitting the downward value of $400 ,this is a great chance to buy some bitcoins.
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