LFC_Bitcoin
Legendary
 Offline
Activity: 3542
Merit: 9688
#1 VIP Crypto Casino
|
 |
January 04, 2015, 08:55:01 PM |
|
Sideways then down Sideways then down Repeat That's been the way for a while now |
|
|
|
|
dEBRUYNE
Legendary
Offline
Activity: 2268
Merit: 1141
|
|
January 04, 2015, 08:56:03 PM |
|
It usually goes like this then: sideway movement -> drop to bottom -> sideway movement -> another drop to make a new bottom. There is no real bouncing like we've seen before.. |
|
|
|
|
|
relm9
|
|
January 04, 2015, 08:58:27 PM |
|
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
Crypto currency as a whole will suffer a huge setback if this happens. Yes maybe some alt will replace BTC but I wouldn't expect a resurgence for several more years, the whole ecosystem will have to start from scratch basically. |
|
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2184
Merit: 1778
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
January 04, 2015, 09:00:14 PM |
|
|
|
|
|
|
|
Feri22
|
|
January 04, 2015, 09:00:19 PM |
|
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
Crypto currency as a whole will suffer a huge setback if this happens. Yes maybe some alt will replace BTC but I wouldn't expect a resurgence for several more years, the whole ecosystem will have to start from scratch basically. +1 |
|
|
|
|
|
NotLambchop
|
|
January 04, 2015, 09:03:21 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... |
|
|
|
|
|
Feri22
|
|
January 04, 2015, 09:05:57 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... |
|
|
|
|
abercrombie
Legendary
Offline
Activity: 1159
Merit: 1001
|
|
January 04, 2015, 09:06:25 PM |
|
Weak hands!  |
|
|
|
|
|
Blazin604
|
|
January 04, 2015, 09:08:03 PM |
|
2015 will be the year where all the companies like Dell and MS will start dropping Bitcoin again because every day less people use it. At the end of 2015 Bitcoin will be pretty much dead and something better will take its place.
Everyone is blinded by all the news every month about company x getting a 20 million investment.
This does nothing for Bitcoin itself. It's just for marketing some product or service and hiring staff etc.
The Bitcoin devs do absolutely nothing that is needed. Just a small transaction fee change here and a line of code here. But for the average user Bitcoin is at the same unusable level as 6 years ago. Nothing is done to make it more appealing for mainstream adoption or every day use.
This in combination with the traders who every day fuck up the price and fuck over every new buyer with their dumps and you are left with a worthless product unless you need to buy drugs on a dark market.
Now that the hype is over the system will slowly bleed to death.
You're just butt hurt from losing so much paper and not making smart moves....everyone read this http://www.forbes.com/sites/johnmauldin/2014/12/01/is-bitcoin-the-future/ |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3724
Merit: 10329
Self-Custody is a right. Say no to"Non-custodial"
|
|
January 04, 2015, 09:08:54 PM |
|
What's the source of that bitcoin days destroyed chart?
It's manipulated, scaled chart. Here's the real 1 year days destroyed chart, nothing unusual is happening:  I think that was the point that I was attempting to make in my earlier post - because I could NOT find any chart on Blockchain.info that contained that kind of micro-level of information. |
|
|
|
|
|
NotLambchop
|
|
January 04, 2015, 09:09:10 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. |
|
|
|
|
|
dakota neat
|
|
January 04, 2015, 09:10:33 PM |
|
If we see double digit Bitcoin in 2015 then I am quite sure that an Altcoin could have the throne up for grabs.
I though mass adoption and infrastructure would solidify btc's place. But I'm less certain now. Enough investment in an Altcoin wouldn't be unthinkable. Plus it seems like just clown-money in Bitcoin atm anyway - ie just buyers looking to trade and not use for anything productive. Silk Road was the best thing that happened to BTC. Those days everyone knew someone that was actually using Bitcoin to buy drugs with (where I live anyway). After the shutdown all those guys sold and most can't be bothered using the other dark markets after the shut down and buy their shit back on the streets.
Black Markets are flourish as ever. Your information is wrong. Conceited kunts like you are half the reason people can't be fucked with this tech. Let me rephrase. Silk Road was the only time I've seen so far that average people who would otherwise not care about BTC were forced to use it (adopt it) because they wanted their online drugs. Henceforth when they had to work a little bit harder or were too scared after the shut down they left the scene. Not saying it was the right direction for BTC but it demonstrated for me how it needs to be adopted to succeed. And it will not be successful based on the sound-money arguments without a systemic financial collapse of the currency system (still possible). Until then pay-wave credit cards have BTC beat. Black Markets are still an important part of the BTC ecosystem, like it or not. |
|
|
|
|
|
Feri22
|
|
January 04, 2015, 09:13:55 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you say, that Satoshi Nakamoto created decentralized payment system, which are using hundreds of thousand people around the world, less useful than toilet paper? I would like to know what drugs you take, but i would like to try them  |
|
|
|
|
|
NotLambchop
|
|
January 04, 2015, 09:17:45 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you say, that Satoshi Nakamoto created decentralized payment system, which are using hundreds of thousand people around the world, less useful than toilet paper? I would like to know what drugs you take, but i would like to try them Thus far the only real use BTC has found *is* neckbeards buying drugs. The rest is just window dressing. For an average person, life without toilet paper would become much more difficult than life without Bitcoin. As far as drugs go, make some friends & find a decent house dealer. |
|
|
|
|
YourMother
Legendary
Offline
Activity: 1281
Merit: 1046
|
|
January 04, 2015, 09:23:32 PM |
|
^ He's on point with the toilet paper. I once tried to wipe my ass with some notebook paper (some unfortunate times) and trust me... i would have dumped 10 thousand bitcoins on the market at the time for something like this...  There were also fucked up times when i had to use leafs too. |
|
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
January 04, 2015, 09:25:42 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you even read the tripe you post? One would think you would get bored after 5000 posts in 9 months. We are. |
|
|
|
|
|
Feri22
|
|
January 04, 2015, 09:26:53 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you even read the tripe you post? One would think you would get bored after 5000 posts in 9 months. We are.  |
|
|
|
|
|
octaft
|
|
January 04, 2015, 09:31:59 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you say, that Satoshi Nakamoto created decentralized payment system, which are using hundreds of thousand people around the world, less useful than toilet paper? I would like to know what drugs you take, but i would like to try them Hundreds of thousands of people use bitcoin. Hundreds of millions of people use toilet paper. Which do you think is more useful again? |
|
|
|
|
|
dakota neat
|
|
January 04, 2015, 09:34:20 PM |
|
...the whole ecosystem will have to start from scratch basically.
Only for coins with value driven entirely by speculators. Now imagine a coin that's actually useful & not driven by hype... Every useful coin will be driven by hype when traders realize the coin is useful... Sure, so would toilet paper. The defining difference between something driven entirely by hype & toilet paper being that toilet paper is useful. Do you say, that Satoshi Nakamoto created decentralized payment system, which are using hundreds of thousand people around the world, less useful than toilet paper? I would like to know what drugs you take, but i would like to try them Hundreds of thousands of people use bitcoin. Hundreds of millions of people use toilet paper. Which do you think is more useful again? Useful for what? |
|
|
|
|
|
Poll
