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not to piss anyone off but where is Anonymous in all this?
you'd think they'd have an agenda surrounding all this.
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When they smashed silver and gold in the 70s gold dropped down to under $400... and then shot up to over 800 in day. That's the pattern everyone has been expecting.
They're going to crash it hard.
Didn't think it would come this quick
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So, in simplistic terms, someone please explain how average joe will ever take this commodity, er um, currency seriously again?
Like I've said before; the science is sound. It's humans who are not...
It's not ready for mass adoption. Whoever pretends otherwise is misleading people. It's experimental at this point, and it could go up or down massively in terms of price. This attracts both day traders and techies who want to be "in it" since early on. This is right now mostly a learning platform for the future and a speculation tool. We have to accept this. I will be trying to make it succeed, and hopefully developing for it. You can do as you wish. Okay I can accept that. Good explanation, thanks |
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So, in simplistic terms, someone please explain how average joe will ever take this commodity, er um, currency seriously again?
Like I've said before; the science is sound. It's humans who are not...
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Why anyone is still using my gox is beyond me.
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naturalnews is mainstream media? humph... news to me. |
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Butthurt much?
master of the obvious much? Bitcoin was just as unstable when it was sky-rocketing as it is when it's diving. And just as useful as currency.
We don't have any sort of stability and it's still pretty much a work in progress.
This changes absolutely nothing in this respect.
Hopefully we will lose some weaklings who will run away in tears.
If by losing weaklings you mean the general public (that needs to have trust and faith in a "currency") then that is a serious flaw in how a fiat replacement should work. This crash just proves that cash is king and as far as the general public, and those who have now dumped btc for fiat, is concerned: In God We Trust. By weaklings i see people jumping the bandwagon without having the slightest clue what bitcoin is all about, how it works and so on, they are only jumping in because they want to get rich quick (like the litecoiners and co). A lot of precisely those bought into bitcoin last week and probably sold at huge losses the past 48 hrs (tnx for cheap coins btw, can i get some more when gox opens pls?). I think it will take a few more years before the general public really starts using bitcoin on any noticeable scale. I dunno the only message I get from this is that a majority of maximum btc holders valued fiat much more and traded up for good hard cash. the science is solid and up until recently I had faith in it. Ultimately people are selfish and rather than holding out and letting it succeed they would rather trade up for fungible MONEY. |
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Cashed out, crossing my fingers the exchange isn't hacked, and leaving a huge buy order at $20.
I don't know about you guys, but I'm curious to see what it looks like outside. Then I'll get a beer, and I'll pay for it with cash. Then I'll forget all about this thing called crypto....
...till one day, we rise to fight again! This war isn't finished FIAT MONEY! You haven't seen the last of my hashes!
In God We Trust. |
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Butthurt much?
master of the obvious much? Bitcoin was just as unstable when it was sky-rocketing as it is when it's diving. And just as useful as currency.
We don't have any sort of stability and it's still pretty much a work in progress.
This changes absolutely nothing in this respect.
Hopefully we will lose some weaklings who will run away in tears.
If by losing weaklings you mean the general public (that needs to have trust and faith in a "currency") then that is a serious flaw in how a fiat replacement should work. This crash just proves that cash is king and as far as the general public, and those who have now dumped btc for fiat, is concerned: In God We Trust. |
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Bunch of selfish tools. Now that they've cashed out they've fucking ruined any chance of it being taken seriously as a relevant form of currency.
Seriously, who in their right mind would have any faith in this bullshit and use it as money??
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For the record I still possess a handful of the original bitcoins I obtained in 2011, when there was another mass cash-out to fiat by supposed proponents of it as a form of currency. I have never "cashed out" to fiat and I have attempted to use BTC as currency as much as possible, except for the last few weeks of course.
I dunno, maybe the dollar is king.
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Pump and dump is exactly why the general public will now stay away from the commodity otherwise known as bitcoin.
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Guess the point I'm makin is average joe is looking at this as a big joke. Not a way to pay the rent every month.
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Where is the evidence that most of the "early adopters" cleared out? This conjecture was also posited after the June 2011 bubble but later shown to be false.
So please explain why the huge exit? |
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