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BTW, I just bought $100 worth of bitcoin from circle, and processed a withdrawal which went instantly... which means that they possibly have their own Bitcoin Stock, and this makes me think that they rushed with going live when they saw the price declining, maybe as a move to lower their "loses"?
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OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature.
mmitech, is this bet still valid? why didnt you take it when you should ? now coming back sounding as a smart ass.... I offered 20 BTC and no one had balls to take it. |
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mmitech if you already sold and you believe Bitcoin is doomed, and that we are all complete fools... what are you still doing here?
It's not a rhetorical question, I would honestly like to know.
nope, Bitcoin is not doomed yet, I will re-buy between 150-200, I am a trader and this is what I do, the question is: you Bitcoin cultist holders have the whole fucking forum, we traders have only this sub-forum, I would really appreciate it if you go troll somewhere else while we discuss our things here. don't fucking tell me to hold and what a bright future Bitcoin has, I know fucking good when I have to hold. |
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... and you are want to sit here in judgement, preaching to all us "heathens" to save us from our wicked ways because ... ?
... or most likely, you went short with leverage and are totally invested on this crashing so you're going to desperately shill it as low as it will go right?
I think the queue over at the Fed lining up to lick Paul Krugman's balls still has places open ...
I never leverage traded, but you are right, therefore: burn down why do I even care. |
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No wonder they banned you from litecointalk. You should probably take it easy for awhile.
of course, let me help the scammer take more money instead of calling him out, Jasinlee scammed users of millions of dollars, I called his scam at the beginning (early 2013) but they kept warning me and banning me until he succeed, now that thread lays in the failed projects section.....this leaves me with one conclusion: Sy the mod that kept banning me was involved. |
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And classical education makes someone understand markets better? I better ask my uni for my money back.
no, it doesn't, but also being a software engineer prevent you from being a cultist to any technology, if you don't have a healthy skepticism about the software you wont be able to innovate nor maintain it.... my understanding is that this guy invested with all he can and even with his emotions... |
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Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? Software Engineering. I cant believe that you are a bitcoin cultist with this kind of education... it is beyond my understanding. |
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Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? Late 20s and PhD. interesting, Phd in what ? |
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mmitech, have you sold all of your bitcoins yet? Before the upcoming crash that is?
... he sold them all at the exact top on Mt. Gox and got all his funny money out the day before it closed down ... amazing really well, dont be butt hurt, but yes I sold some at 1000 then the rest 3 months ago between 580-630, if you look into my post history I have screen shots of my Bitstamp account as well  Edit: BTW I never used Gox again after the April 2013 bubble, I didn't lose a cent in Gox. |
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mmitech, have you sold all of your bitcoins yet? Before the upcoming crash that is?
I sold everything between $580-630 |
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Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated.
see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. No, there are 21M Bitcoins in existence. It's just that not all of them have been issued yet. do you mind if I ask you this: how old are you and what kind of education do you have ? |
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Perhaps it is changing.  a smart guy would understand what an average mean, in that sense showing me a 2 months long chart doesn't imply to you understanding the word average. |
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I think you are mistaken as I never call for a bubble, there are no bubbles in Bitcoin because a bubble implies overvaluation (and that has never happened yet). There will be a next growth spurt however. Still have fun ruining your financial future  don't you worry about my financial future, because I am sure that it will be just fine, worry about your self because you are stuck in the danger kind of delusion... |
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How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever. Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything. Bubble? or a broken global financial system?  your post is called despair. Also this: http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.htmllets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the inflation argument is old and fake, and I consider it an insult to m intelligence. Bitcoin technically has a 0% inflation since inception. There's a 21M BTC monetary base which will never be inflated. see you are wrong there, technically there is 13 million Bitcoin in existence and the annual inflation rate is around 14% , theoretically there will be 21 million after 150 years. |
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lets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the inflation argument is old and fake, and I consider it an insult to m intelligence. Inflation rate is currently about 10% https://en.bitcoin.it/wiki/Controlled_supply[/quote] no it is not, the network hashrate is around a constant 25% in average more than it suppose to be. |
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good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:
You should investigate periodic functions. Maybe also check what a spring does when you expand it and let it go. you do that instead of me. My opinion is the opposite of yours so I obviously don't have to. I don't think you understand the analysis good, because you were yelling for a reversal and a bubble since I remember, it didn't happen, and even if it happens now it doesn't make your analyzes right but it would be a lucky guess, because imagine me repeating "the price will go up" the whole year everyday, once it does it will look just silly. |
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How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever. Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything. Bubble? or a broken global financial system? your post is called despair. Also this: http://www.slate.com/blogs/moneybox/2012/08/03/the_monetary_base_is_irrelevant.htmllets not forget that Bitcoin has an annually inflation rate of 14%...which doesn't make it allot better than the dollar when it comes to inflation, now with declining rate of adoption and this high uinflation rate and declining confidence of investors the price going down is the only logical trend... beside the inflation argument is old and fake, and I consider it an insult to m intelligence. |
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How should a currency rise into existence? How should a technology be adopted. It's not a post-IPO company we're dealing with here. It's the rise of a start-up currency / technology / store of value. All idicators besides price this past year have been growing strong. Price can't lag adoption forever. Oh..and while we're looking at charts. Let's take a look at the measuring stick the world uses to price everything. Bubble? or a broken global financial system? your post is called despair. |
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good morning, 200 in couple of weeks or so... just to remind the perma-bulls that trashed me before, this is the 3 years chart of Bitcoin's price (1W candles) tell me if it doesn't look like a bubble... and don't tell me this time is different:
You should investigate periodic functions. Maybe also check what a spring does when you expand it and let it go. you do that instead of me. |
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If this chart is an accurate description of the situation, we are now between fear and capitulation and we should go lower than 200 during the despair phase.
and this is what I was saying for 4 months now... |
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