Bitcoin IS basically DESTROYED

[webtricks]

Bitcoin's price is determind by market forces that is demand and supply. How can you say China controls bitcoin?
Are you saying, farmer growing apples in his field detemine the price of apple!!

[Naxthor]

Get a freaking room!

your both clueless... everyone is just speculating... come with solid facts or shut up...

one fun fact:
Fill a room with idiots and retards, the one with the biggest mought and most confidense is likely to be followed by the rest. because they all dont know any better so the guy that shouts a lot will probably know...

stop trying to be the retard with the biggest mouth...

[kiklo]

You didn't answer my question but thank you for numbers that without your tin foil and speculation are completely harmless. Like I said, mining pools ≠ miners. No threat, not even with a 51% attack.

The Answer is in front of you , if you deluded yourself into missing it , that's on you and no one else.
Funny how you even ignored it when I posted the Chinese Miner admitted they could 51% attack BTC and win.

http://www.coindesk.com/china-miners-big-blocks/

It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.

 

Even China controls 68% mining power does not mean they will do a coordinated attack. What is the point they want to attack it if they have the majority of the shares? doesn't make sense to me.

It all makes sense now, his blatant trolling is to promote his own coin in his signature, haha. http://www.zeit-coin.net/

And your Blatant Stupidity is trying to keep BTC above $1100 bucks,
BTC is now ~$900 and still dropping, looks like you failed.  

 

FYI:
Wait to buy BTC under $300 , then Cash out at the Next Halving in 2020, when rampant speculation & manipulation drives the price high again.
Anyone that buys BTC before the end of January 2017, is going to feel taken, watching the price drop for the next few years.

[kiklo]

China ~67% of combined hash rate is Fact, not speculation.
51% attack security issue is Fact, not speculation.

People that can not connect the dots are not really that bright.  


 

FYI:   

[shinratensei_]

You didn't answer my question but thank you for numbers that without your tin foil and speculation are completely harmless. Like I said, mining pools ≠ miners. No threat, not even with a 51% attack.

The Answer is in front of you , if you deluded yourself into missing it , that's on you and no one else.
Funny how you even ignored it when I posted the Chinese Miner admitted they could 51% attack BTC and win.

http://www.coindesk.com/china-miners-big-blocks/

It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.

 

Even China controls 68% mining power does not mean they will do a coordinated attack. What is the point they want to attack it if they have the majority of the shares? doesn't make sense to me.

It all makes sense now, his blatant trolling is to promote his own coin in his signature, haha. http://www.zeit-coin.net/

And your Blatant Stupidity is trying to keep BTC above $1100 bucks,
BTC is now ~$900 and still dropping, looks like you failed.  

 

In fact, that's a bitcoin bubble. To many the peoples were getting trap by the bubble of bitcoin.

The Chinese have played the price.
Honestly, I don't miss the moment, with a lot of fact about the Chinese influence and that makes the real thing about the Chinese intervention in bitcoin. 

[Positid]

You didn't answer my question but thank you for numbers that without your tin foil and speculation are completely harmless. Like I said, mining pools ≠ miners. No threat, not even with a 51% attack.

The Answer is in front of you , if you deluded yourself into missing it , that's on you and no one else.
Funny how you even ignored it when I posted the Chinese Miner admitted they could 51% attack BTC and win.

http://www.coindesk.com/china-miners-big-blocks/

It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.

 

Even China controls 68% mining power does not mean they will do a coordinated attack. What is the point they want to attack it if they have the majority of the shares? doesn't make sense to me.

It all makes sense now, his blatant trolling is to promote his own coin in his signature, haha. http://www.zeit-coin.net/

And your Blatant Stupidity is trying to keep BTC above $1100 bucks,
BTC is now ~$900 and still dropping, looks like you failed.  

 

FYI:
Wait to buy BTC under $300 , then Cash out at the Next Halving in 2020, when rampant speculation & manipulation drives the price high again.
Anyone that buys BTC before the end of January 2017, is going to feel taken, watching the price drop for the next few years.

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

[kiklo]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Nothing but speculation holding up the BTC market, there has been no massive increase in public or vendor adoption,
Buying any BTC before the end of January 2017, is just going to be a waste of money.

BTC price was less than $300 for the entire year of 2015, only the halving allowed this manipulated spike of over ~$1100, and it will be 2020 (next halving) before they can trick the public into paying these insane prices again.  


 

[GMPoison]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

[kiklo]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335

Lost $335 in less than 2 days,  does not look like fud to me.

Kind of scary , how on accurate my prediction is . 


 

[GMPoison]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335

Lost $335 in less than 2 days,  does not look like fud to me.

Kind of scary , how on accurate my prediction is . 


 

That actually is kind of scary! You must be God himself.

[kiklo]

That actually is kind of scary! You must be God himself.

Hey ,

No Blasphemy , some of us do Believe in a Higher Power.

Wizard is the highest title , I would accept.


 

FYI:

Buying any BTC before the end of January 2017, is just going to be a waste of money.

[SamMurphy]

I don't think that bitcoin will destoyed any soon  As I see from the last weeks I can say that's not like 2013, it's even better I think 2017 will gives us many surprises

[uneng]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335

Lost $335 in less than 2 days,  does not look like fud to me.

Kind of scary , how on accurate my prediction is . 


 

That actually is kind of scary! You must be God himself.

Sorry, but it was very predicted. The price climbed a lot too in 1 or 2 days, the normal is to decrease 300$ or more. It will continue decreasing, but won't reach lower than 500$. Now I don't know with sure when to buy bitcoins again.
I will wait until the price stop decreasing, must watch to see when this will happen. Of course bitcoin won't be destroyed.

[rajasumi3]

china is not controlling bitcoins .they are investing lots of money to get hold of bitcoins ,its the basic they can do and they think that whoever has the most bitcoins will be the most powerful .just  it is thats all..

[GMPoison]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335

Lost $335 in less than 2 days,  does not look like fud to me.

Kind of scary , how on accurate my prediction is . 


 

That actually is kind of scary! You must be God himself.

Sorry, but it was very predicted. The price climbed a lot too in 1 or 2 days, the normal is to decrease 300$ or more. It will continue decreasing, but won't reach lower than 500$. Now I don't know with sure when to buy bitcoins again.
I will wait until the price stop decreasing, must watch to see when this will happen. Of course bitcoin won't be destroyed.

I know it was, it was obvious. That's why I made the thread "I don't want a $2,000 bitcoin by February" because I knew people were getting greedy and the price was rising too fast. Be lucky it didn't get that high or the crash may have been worse. It seems as though we've seen the worst of it but who knows.

[TheLateGuy]

china is not controlling bitcoins .they are investing lots of money to get hold of bitcoins ,its the basic they can do and they think that whoever has the most bitcoins will be the most powerful .just  it is thats all..

China has a population of BILLIONS, so that's not something impressive in my opinion. This is why they control most part of the mining: they are so many, so there are obviously more Bitcoin users there. What I'm curious about is what happens when the BTC left to be mined will reach under 1.000.000BTC: the effect should be a skyrocketting price, right? The harder it gets to be mined, the harder you can get it so the price needs a big rise..

[hurain]

Some are going to panic selling now but it's still not the right time to buy, just watch the price carefully. In relation to dropping that small, I don't think it will happen again, $300 is too small man.

Of course it won't drop to $300. He's just spreading FUD to help promote the coin in his signature. Watch out, ZEIT Coin may be the next Bitcoin      

Peak = $1185
Current = $850
Hmm, $1185-$850 = $335

Lost $335 in less than 2 days,  does not look like fud to me.

Kind of scary , how on accurate my prediction is . 


 

That actually is kind of scary! You must be God himself.

Sorry, but it was very predicted. The price climbed a lot too in 1 or 2 days, the normal is to decrease 300$ or more. It will continue decreasing, but won't reach lower than 500$. Now I don't know with sure when to buy bitcoins again.
I will wait until the price stop decreasing, must watch to see when this will happen. Of course bitcoin won't be destroyed.

to me i think it is just the correction that bitcoin take place and now the price has to increase again and even cross the 1200 USD level this time therefore i can say that the price is not going to fell down any more.

[RoomBot]

I'm excited to be able to buy some more BTC @ below $820

It could have kept getting more expensive.

I sold some at huge profit around $980, but of course I want to stock up on more.

You just gotta take the time to ride the waves.

[Vaskiy]

I'm excited to be able to buy some more BTC @ below $820

It could have kept getting more expensive.

I sold some at huge profit around $980, but of course I want to stock up on more.

You just gotta take the time to ride the waves.

Basically based upon the bitcoin's true nature the increase and decrease in the price have been taking place. Based upon this users get panic at the time of decrease and gets excitement when the price moves forward. This is the one that makes the people say that bitcoin is destroyed.

[Nathan047]

China ~67% of combined hash rate is Fact, not speculation.
51% attack security issue is Fact, not speculation.

China could screw us, is there any potential fixes to this?