podyx
Legendary
 Offline
Activity: 2338
Merit: 1035
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September 28, 2014, 12:34:33 PM |
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dear lord! stop the pain   |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Wandererfromthenorth
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September 28, 2014, 12:34:51 PM |
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Crash coming.
Go for it guys. Short up, sell your stash (oh wait we know you already have). Lets see the epic crash unfold. Back in reality it's a slow sunday with virtually no volume whatsoever. This move is meaningless. breaking support at 395 with this kind of volume is a strong buy actually. I just think its funny the posters cheering on any downward moves and getting vocal all over the forum when they actually have no ability to move the market. The market looks like it doesn't need people "cheering" or talking about it to dump... |
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CoinThinker
Sr. Member
Offline
Activity: 462
Merit: 250
Only the best is The be best...
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September 28, 2014, 12:35:29 PM |
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I am starting to be absolutely POSITIVE that some people in this forum, especially in this thread, are government (and/or bank employees). They manipulate this thread, calling the crash "cheap coins", and so on, when they know exactly that NO MARKET CAN RAISE indefinitely.
So every crash, might be the last one. Every crash might be the end of the bitcoin, and the proof for this is that all of you see that after EVERY drop, price is raising back HARDER and HARDER (usually to a smaller value than it was before the crash started). Speculators, who are buying coins and then they sell immediately expecting a few dollars margin, are happy with this situation; governments and banks are very happy also, but people who see (or who have seen) Bitcoin as a new "era" or a long term investment will be totally screwed.
Another proof: remember how actively governments were fighting Bitcoin? Now they don't. You know why? Because they realized that it's absolutely no danger in it for their systems. They could bring down the price to absolute 0 with a few million of USD (or less) ANYTIME they want. Walls or no walls, people are already not buying Bitcoins, because it become clear for everybody that one of the crashes will not be followed by a next bubble: and then it's over.
If the price will not start to raise, and I mean REALLY raise, and REALLY soon, then it's game over. Just think about that.
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fonzie
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September 28, 2014, 12:35:34 PM |
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dear lord! stop the pain Have you sold already? Edit: It´s not too late  |
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NotLambchop
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September 28, 2014, 12:37:31 PM |
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lol what? Obama is not responsible for Chinese opium addiction withdraws ORLY?  |
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exocytosis
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September 28, 2014, 12:39:12 PM |
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Stamps orderbook looks kind of bullish,
Stamp's orderbook has looked bullish for more than a week. Still we've been heading down. People cancel their buy orders all the time. It's just the nature of the game. When traders search their hearts, deep down inside they all know that there'll be cheaper coins to buy a week from now. And even cheaper coins, two weeks from now. Etcetera. Everyone is losing faith in Bitcoin. This is a free market, and it's wonderful to watch how it unfolds, how supply is increasing while demand is decreasing, predictably and mechanically like clockwork. |
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jeezy
Legendary
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Activity: 1237
Merit: 1010
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September 28, 2014, 12:39:50 PM |
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lol what? Obama is not responsible for Chinese opium addiction withdraws You keep telling yourself that boy, you keep telling yourself that. |
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itod
Legendary
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Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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September 28, 2014, 12:40:02 PM |
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If the price will not start to raise, and I mean REALLY raise, and REALLY soon, then it's game over. Just think about that.
It's game over for "get rich quick" kids. Bitcoin will be just fine if the price stays at $300 for a few years, just this thread will lack nonsense posted regularly. |
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justusranvier
Legendary
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Activity: 1400
Merit: 1009
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September 28, 2014, 12:41:58 PM |
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All these n00bs that don't remember 2011...
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klee
Legendary
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Activity: 1498
Merit: 1000
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September 28, 2014, 12:44:12 PM |
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All these n00bs that don't remember 2011...
Not comparable (the possible damage). 2014 =/= 2011 |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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September 28, 2014, 12:44:41 PM |
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dear lord! stop the pain Pain is just weakness leaving your portfolio. |
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CoinThinker
Sr. Member
Offline
Activity: 462
Merit: 250
Only the best is The be best...
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September 28, 2014, 12:45:58 PM |
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If the price will not start to raise, and I mean REALLY raise, and REALLY soon, then it's game over. Just think about that.
It's game over for "get rich quick" kids. Bitcoin will be just fine if the price stays at $300 for a few years, just this thread will lack nonsense posted regularly. I am sorry to say, but you don't understand: if price goes down to $300, that will not be a stop. It will just generate another wave of people who will loose their faith in Bitcoin, another wave of people who will understand that the bubble period is over. All these will generate another wave of price going down, which will generate... I am sure you see the cycle here. There is only ONE chance to save Bitcoin only: price has to start to raise, and I mean REALLY raise, and REALLY soon, otherwise it's game over. |
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NotLambchop
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September 28, 2014, 12:46:20 PM |
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All these n00bs that don't remember 2011...
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Stedsm
Legendary
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Activity: 3052
Merit: 1273
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September 28, 2014, 12:47:26 PM |
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All these n00bs that don't remember 2011...
History often does not repeat itself. As humans we try to find patterns in everything to try to make sense of what is happening. These patterns are mostly nonsense (eg log graphs) |
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fonzie
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September 28, 2014, 12:47:34 PM |
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"Cherish life, walk away from bitcoin"
-Zhang Niannian ; Peoples Bank of China-
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prophetx
Legendary
Offline
Activity: 1666
Merit: 1010
he who has the gold makes the rules
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September 28, 2014, 12:51:59 PM |
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lol what? Obama is not responsible for Chinese opium addiction withdraws You keep telling yourself that boy, you keep telling yourself that. c'mon all chinese know that it is the fault of the Gweilo |
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Wandererfromthenorth
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September 28, 2014, 12:52:20 PM |
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All these n00bs that don't remember 2011...
You might be right, but 2011 was a very different situation from right now. Back then a bunch of millionaires buying up all the coins would have resulted in a new bubble. Now that market cap is that high (compared to the non existent demand) that doesn't happen anymore. We can't use bitcoin past when price was crashing "but everything is alright because a new bubble is coming" forever... Also, maybe BTC will survive long term, but that doesn't mean that its current price is not too high and that it won't crash... |
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NotLambchop
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September 28, 2014, 12:52:47 PM |
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"Cherish life, walk away from bitcoin"
-Zhang Niannian ; Peoples Bank of China-
China welcomes repentant Bitcoiners into the fold.
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vipgelsi
Legendary
Offline
Activity: 1736
Merit: 1001
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September 28, 2014, 12:53:26 PM |
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"Cherish life, walk away from bitcoin"
-Zhang Niannian ; Peoples Bank of China-
He has your bbet interests at heart. |
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exocytosis
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September 28, 2014, 12:58:17 PM |
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There is only ONE chance to save Bitcoin only: price has to start to raise, and I mean REALLY raise, and REALLY soon, otherwise it's game over.
This. The problem is: Price won't rise as long as merchants and miners dump thousands of coins every day. There simply isn't enough demand for all of that supply. That's why the price will continue falling until Bitcoin finds its "true price", which is somewhere in the single digits, probably very close to zero. We're slowly coming out of the delusional bubble sparked by Markus, Willybot and other Karpeles manipulation schemes. Gox was, for a long time, the only BTC exchange. And it was by far the largest, for several years. With Gox gone, the veil of illusions is slowly fading away, and people are gradually realizing that internet funbux simply aren't worth several hundred dollars. |
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