prophetx
Legendary
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Activity: 1666
Merit: 1010
he who has the gold makes the rules
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January 04, 2015, 06:24:50 PM |
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The good thing with the price going down is that we are either getting closer to exponential moneymaking OR bitcoin is headed for $0 and we can all forget about this shit and do something else with our lives  if it goes to $0 we can start a WOW guild and start farming digital gold! |
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maranello1561
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January 04, 2015, 06:32:32 PM |
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The problem with Bitcoin has been that most serious developers been too busy building/running/scamming through their own pump and dump altcoins than focusing on building for Bitcoin. Can you imagine, for the all popularity of Minecraft, there isnt even a decent serious Bitcoin economy based server there (and I'm not talking about the one hack job some noobs did)
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samson
Legendary
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Activity: 2097
Merit: 1071
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January 04, 2015, 06:39:23 PM |
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people posting this is an amazing time to buy makes me think that the panic/despair zone is to come yet
Real panic and despair will only come if the old time double bottom of $55 is broken. If that happens which even I doubt (and I'm all bear for a long time now) then there really will be blood in the streets. |
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N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1011
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January 04, 2015, 06:42:41 PM |
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The good thing with the price going down is that we are either getting closer to exponential moneymaking OR bitcoin is headed for $0 and we can all forget about this shit and do something else with our lives False dichotomy, Bitcoin could also just linger around sideways and waste the rest of your life.  |
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only
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January 04, 2015, 06:43:48 PM |
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this is gentlemen  |
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LOBSTER
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January 04, 2015, 06:44:19 PM |
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people posting this is an amazing time to buy makes me think that the panic/despair zone is to come yet
Real panic and despair will only come if the old time double bottom of $55 is broken. If that happens which even I doubt (and I'm all bear for a long time now) then there really will be blood in the streets. Never...there are too many people who would buy @ 100$ so that the price could never drop to 55$. |
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samson
Legendary
Offline
Activity: 2097
Merit: 1071
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January 04, 2015, 06:48:49 PM |
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people posting this is an amazing time to buy makes me think that the panic/despair zone is to come yet
Real panic and despair will only come if the old time double bottom of $55 is broken. If that happens which even I doubt (and I'm all bear for a long time now) then there really will be blood in the streets. Never...there are too many people who would buy @ 100$ so that the price could never drop to 55$. Never say never People will short it down to nothing if there's money to be made and we all know there's a lot of money to be made. |
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NotLambchop
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January 04, 2015, 06:53:05 PM |
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"Developers will turn their energy from creating the next bitcoin (all the alt stuff) to creating the stack on top of the bitcoin blockchain."--Because can't resist comparing Bitcoin to TCP/IP |
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fonsie
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January 04, 2015, 06:53:32 PM |
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fonsie
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January 04, 2015, 06:55:02 PM |
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Great journalist, he's already wrong in the first sentence. lol |
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elenorrigby
Member
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Activity: 91
Merit: 10
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January 04, 2015, 06:59:08 PM |
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The good thing with the price going down is that we are either getting closer to exponential moneymaking OR bitcoin is headed for $0 and we can all forget about this shit and do something else with our lives So true!!! |
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chopstick
Legendary
Offline
Activity: 992
Merit: 1000
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January 04, 2015, 06:59:20 PM |
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At this rate I might actually be able to join the 100 btc club, lol
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maranello1561
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January 04, 2015, 06:59:40 PM |
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If the price of Bitcoin goes low enough, mining investments become stranded, miners drop out, the blockchain gets taken over by a minority of sites, game over.
Plus the time to verify transactions was always too long. It's like saying your design for a bird is a penguin.
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ChartBuddy
Legendary
Offline
Activity: 2576
Merit: 2210
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 04, 2015, 07:00:12 PM |
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maranello1561
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January 04, 2015, 07:03:56 PM |
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Bitcoinwisdom calc: a single 15k flash sale of BTC is all you need to crash the price below $200. Getting pretty scary out there. Fear a flash crash around the corner.
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YourMother
Legendary
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Activity: 1281
Merit: 1046
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January 04, 2015, 07:04:48 PM |
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ssmc2
Legendary
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Activity: 2002
Merit: 1040
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January 04, 2015, 07:04:52 PM |
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Bitcoinwisdom calc: a single 15k flash sale of BTC is all you need to crash the price below $200. Getting pretty scary out there. Fear a flash crash around the corner.
That's exactly what we need. |
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