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41  Other / Beginners & Help / Re: How low can bitcoins go? on: August 06, 2011, 05:19:04 PM
I am forex speculator and I just about know how much bitcoin will fall.
Take these factors into consideration first:
Bad News on Bitcoin Exchange and Users (Security Breach, etc..)
No Market Value (you can only buy drugs and web services (maybe socks too?), you can't buy house, car, land, or food)
Druggies don't have money due to bad economy
Hackers and Scammers are failing with their schemes due to more awareness and protection
Lack of Speculators (like myself, who are willing to invest in bitcoins)
NO CENTRAL BANK (which is needed to stabilize the value of bitcoins that is why you see mega big jumps and mega big lows) 

Taking into account the risk involved in ANONYMITY (you can't trace or retrieve stolen coins) and all the factors listed above, the Bitcoins will fall as low as FOUR dollars. At the WORST, this currency will dissapear because people can simply lose faith and stop trading the currency. However, seeing that there are many senior and loyal bitcoin miners in this forum, and as long as Silver Road website stay up (which government is working to shut it down), I doubt for now, that Bitcoins will become obsolete. In the Long Run, Bitcoins will go away or stay at REALLY LOW price until there are new ways to spend the coins in purchasing tangible asset.

MY ADVICE TO NEWBIES:
STAY AWAY

Cool story.
42  Other / Beginners & Help / Re: How low can bitcoins go? on: August 06, 2011, 04:38:46 PM
I hope it reaches $0.001 so all the people who think BTC is just a way to make USD will go away.
43  Other / Beginners & Help / Re: It's Over on: August 06, 2011, 04:34:55 PM
I sold all my bitcoins when it was $13. I made a profit of $600 but now it's not economical to mine anymore. I am selling all of my equipment(or refunding) for the amount I placed into the investment. This was a good run but bitcoin is falling apart on many fronts. I will keep 67btc in my wallet for now but im done.

Good. We don't need targii like you mining just to make USD.  Also means more future BTC for me.  Can I have you stuff?
44  Other / Beginners & Help / Re: MyBitcoin REALLY is back up, with an announcement on: August 05, 2011, 05:39:23 PM
So in other words, you only believe in Libertarian values when they benefit you?

GERKEN - You talking to me?HuhHuh

I didn't loose any bitcoins buddy, what I am saying is people are bagging out some one who was contacted by the FBI who had a major loss from this scam and you low lifes have the audacity to bag them out.

Tell me what the F*ck you'd do seriously if you lost $250K worth of an investment? Sit there crying like a little bitch and do nothing about it?

Someone mad, eh?

1. Someone silly enough to let an anonymous stranger on the Internet "hold onto" any large amount of money deserves none.
2. Someone with that much BTC is part of the problem. Why just hold onto it instead of investing it into the actual BTC economy?
3. Said person is now trying to DESTROY BTC because said person is a tool.  He lost his investment and now wants everyone else to lose theirs.

No sympathy from me.
45  Other / Beginners & Help / Re: MyBitcoin REALLY is back up, with an announcement on: August 05, 2011, 02:43:22 PM
It doesn't matter if it's up or not. The damage has been done.

I'm not talking about the targii who thought they could trust some random internet guy taking their currency which has anonymity has a selling point who lost some BTC.

I'm talking about how those targii are now crying to the government asking them for help.  This will only speed up the government regulation/banning of BTC. Thank idiots. Thanks.
46  Other / Beginners & Help / Re: Introduce yourself :) on: August 05, 2011, 02:41:05 PM
Hello,
I enjoy bit coins very much thank you.
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