ZOMG Bitcoin fell $10! What happened, did China ban Bitcoin!?  Lol, do you think when China will ban Bitcoin, and price will just move down to 10 points. Then you are on wrong place, just stop trading bitoin or soon you will lose so much. I was just joking around  |
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ZOMG Bitcoin fell $10! What happened, did China ban Bitcoin!? |
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Everyone needs to get bearish so we can liftoff again.
So you think we need to shake out some longs first, or do you think we simply need to get the movement going again? I try to understand why people feel the need for another crash before a new rallye can emerge! need real despair. i mean REAL. almost to the point where you will think the game is over and that bitcoin failed.  Wow, yeah.. That would surely spark a decision I guess.. But I don't know if I could handle that, I'd be freaking out completely. But I want to stay in Bitcoin, I don't want to play it safe or try to daytrade the market (because I'd fail ) What can I do to ease my mind a bit? Despair only helps existing bears, useless. We need new people to get in, that's all. But that sounds like the logic on which a pyramid scheme is based on! Aren't we trying to shed that clichee off of Bitcoin? Although I guess it is kind of true, because more people have to come in (or funds, to be precise) than there are new BTC mined every day! Fresh money is needed if we want the price to rise, If the majority of people who see a future in bitcoin are already invested the only direction to go is down. Not saying that everyone is 100% in bitcoin but a larger supply of fiat in the exchanges would be very beneficial. This is where institutional investors come in. Bitcoin is making fiat look so volatile recently. I am glad to have my money in a safe currency  |
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Create a colored coin or an alt coin that is backed by your child
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Who wrote chartbuddy? I'd like to have a small discussion with them... Dat's me  Brace yourself for a $1 million acquisition from Google |
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If there is one thing I have learnt about Bitcoin this year it is that no one has a clue what is going to happen with the price
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Here is a link to the article: http://www.managementtoday.co.uk/news/1306983/how-bitcoin-went-legit/Here are just the relevant parts: ‘It’s a less formal [style of] regulation,’ says Josh Blatchford, the founder of Bitcoin marketing agency Bitnewt. The idea of the Foundation is that ‘you can’t have decentralised everything - some people have to do the decision making process and make changes themselves.’ But all is not well at Bitcoin HQ. There have been reports of in-fighting between the Foundation’s founders. In May, 10 of its members quit when Brock Pierce, a former Disney child star, was elected as a new director. ‘It’s hard to say whether the Foundation will continue and be successful,’ says Blatchford. ‘At the moment it doesn’t have a very good reputation among the community. It’s perceived as just a collection of wealthy individuals who claim ownership of something they don’t really own. It’s a bit of a land grab.’ |
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'The next few weeks are critical'
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May be soon we'll see absolutely new cryptocurrency that will kill bitcoin. It could be...
Unlikely within the next 5 years |
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good news = price drop #logic
What good news? Why do you people (not you in particular) all think you are so clever that even if "fresh" news played a large role, even assuming that there are no insider front runners, who are you to say what is important and what is not, or even whether a piece is overwhelmingly good or bad? How do you tell if something has been priced in, and how long does that take? Do you have a framework to put everything in relation? News is even more subjective than technical analysis, and as far as I can tell it's one of the worst ways to trade. What is confusing about Bitcoin is that good news has no effect on price, but bad news sends the price down  In my view, that's because because of sentiment and technical analysis. Unless we're in a parabolic chasing new alltime highs (which is most of the time), positive news usually have little effect, simply because we're usually neutral or bearish then. Here's one way to think of sentiment: When the pool of bullish people has been exhausted and noone has money left to buy, then we have a whole bunch of cheerleaders screaming moon train while building up insane expectations that inevitably, in most cases become disappointed simply by the price not moving for too long, or even moving counter their expectation. This creates disappointment, and now you can imagine what happens progressively as people start realizing their profits as the cognitive dissonance becomes too much to bear. Eventually, irrationality to the upside is followed by irrationality to the downside because so much disillusionment has been bred. To move up now, we need a good deal of this irrationality to the downside, or we need new bulls with new money because right now, we're trading pretty much the same USD back and forth. tl;dr When shit isn't going parabolic, noone really cares too much. That's just how we humans are with regard to super volatile risk assets like Bitcoin. Good explanation. I was always thinking that the price would fall if the July rally never happened. Lots of people trying to hold when they need funds, just in case it did happen. And now it hasn't there is less pressure to hold. |
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good news = price drop #logic
What good news? Why do you people (not you in particular) all think you are so clever that even if "fresh" news played a large role, even assuming that there are no insider front runners, who are you to say what is important and what is not, or even whether a piece is overwhelmingly good or bad? How do you tell if something has been priced in, and how long does that take? Do you have a framework to put everything in relation? News is even more subjective than technical analysis, and as far as I can tell it's one of the worst ways to trade. What is confusing about Bitcoin is that good news has no effect on price, but bad news sends the price down |
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Yes if it conforms to my predetermined opinion |
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Geez, I knew fallling was a troll but he seems to be getting more and more aggressive everyday
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wooh~1BTC a day,show me the way,shocked me~
He probably did a few weeks of work and received payment in 1 day. |
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You can think of better available names. It took me a few days to come up with a name and find an available address for Bitnewt
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Bitcoin in a paper wallet is more 'real' than a dollar in every sense of the term
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Does anyone know the actual owner of bitcoin.com? You say it is leased to blockchain, but who is the owner?
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