billyjoeallen
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Activity: 1106
Merit: 1007
Hide your women
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January 14, 2015, 11:16:32 PM |
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Litecoin:  $1.14 I'm shocked Me too. From $48 is like 97% drop at least you'll be able to mine it again on a CPU- not profitably, but still... |
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DanielT
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Activity: 45
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January 14, 2015, 11:16:37 PM |
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So many butthurt permabulls, LOL. The fundamentals point towards lower equilibrium price.
No demand for coins beyond the necessary market cap for commerce. Too much supply.
Idiot. 99% of the price is speculative not medium of exchange. Well that was the case at $1200, but now there isn't anyone to pump aymore. |
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pinky
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January 14, 2015, 11:17:43 PM |
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Litecoin: $1.14 I'm shocked Me too. From $48 is like 97% drop If bitcoin is similar we have a long way to go. |
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LFC_Bitcoin
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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January 14, 2015, 11:18:33 PM |
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This might not even be the real collapse. I wouldnt be suprised if we touch 120-140, then have a false bull run up to 500-600 before real capitulation.
Almost every credible EW analyst i've seen thinks we're in an ending Wave 4. Meaning, there should be one more spike up before catastrophe...20, 40, 60 ? Who knows how low it can go.
Every single EW 'expert' I've seen on here is full of shit. Nobody predicted this a few weeks ago, nobody. None of them have any credibility left. |
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Richy_T
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Activity: 2422
Merit: 2112
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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January 14, 2015, 11:19:22 PM |
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5. I dont have the post off hand, but even the fear of speculators of other impending bail ins was not a contributing factor. The run up to the April high started well before and just coincidentally peaked at around that time. The whole Cyprus thing was just a convenient and lazy media connection to bitcoin.
ITYM "Just coincidentally went into overdrive less than 48 hours after bail-ins were announced as under consideration" |
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ShroomsKit
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January 14, 2015, 11:19:36 PM |
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What I hope the further dip would achive is to Kill these pointeless shitcoins and people would start focusing more on important stuff. That is if BTC itself survives ofcourse
Bitcoin is a useless shitcoin. There are better alt coins. |
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samson
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Activity: 2097
Merit: 1068
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January 14, 2015, 11:19:57 PM |
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Stop talking down the market. Just stop.
It's f*cking ridiculous at this stage.
It's no wonder none of you have girlfriends.
You're deluded if you think the market can be 'talked down'  |
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LFC_Bitcoin
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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January 14, 2015, 11:20:16 PM |
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What I hope the further dip would achive is to Kill these pointeless shitcoins and people would start focusing more on important stuff. That is if BTC itself survives ofcourse
Bitcoin is a useless shitcoin. There are better alt coins. If BTC dies they all die. |
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The_FluffyBunny
Member
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Activity: 97
Merit: 10
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January 14, 2015, 11:22:02 PM |
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lulz bitfinex trading $10 higher then all other markets. Dump incomming.
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Jammalan the Prophet
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January 14, 2015, 11:22:35 PM |
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What I hope the further dip would achive is to Kill these pointeless shitcoins and people would start focusing more on important stuff. That is if BTC itself survives ofcourse
Bitcoin is a useless shitcoin. There are better alt coins. If BTC dies they all die. and then we all die then my cat dies. |
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worldtreasurefinders
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January 14, 2015, 11:22:48 PM |
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Well, I've always wanted to own 1/1,000,000 of the bitcoin economy (that's 21 bitcoins for you tards who can't do math), and I got close once before, but sold most of them. If we hit double digits, I'll probably buy a dozen or so BTC just so I can have 21.
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Fatman3001
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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January 14, 2015, 11:23:15 PM |
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I'm not going to sell.
It's pointless.
I'm willing to go down with my ship but I literally can not believe this.
It's not logical, there has been no awful news.
I can't figure out what's driving this crash.
Look at the volume, that is massive resistance. http://fortune.com/2015/01/09/bitcoin-momentum-2015/And don't listen to the economically illiterate. That Microsoft, Dell, Time, Overstock and others take bitcoins matters. Even if it's through BitPay. It will attract new users. Users who will actually use their Bitcoins. This will contribute to healthier trade and make Bitcoin more useful for other parts of the economy as well, which in turn will increase its value. What we don't want is a larger percentage of traders and hodlers. We want parents to give part of their childrens allowance in bitcoin for them to buy ring tones and Microsoft content. We want nerds to buy their gear in bitcoins and get nerdgasms. 2015 is not 2014...... because of the numbers.... and because there is no way in h@ll for bitcoin to fall $600. |
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heartastack
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January 14, 2015, 11:23:29 PM |
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What I hope the further dip would achive is to Kill these pointeless shitcoins and people would start focusing more on important stuff. That is if BTC itself survives ofcourse
Bitcoin is a useless shitcoin. There are better alt coins. If BTC dies they all die. Is that the last bastion of delusion? I a disagree. Bitcoin the nu-tech bubble is dead. Now the real fun starts. I'm really glad too. Btc was close to taking over infrastructure and blocking all altcoin. Now they will have room to flourish. Give it a few years. |
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riiiiising
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January 14, 2015, 11:23:52 PM |
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Litecoin is at an all time low! $1.12 USD at this moment. Just another sign that crypto is on its death bed.
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TeeBone
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January 14, 2015, 11:23:57 PM |
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This might not even be the real collapse. I wouldnt be suprised if we touch 120-140, then have a false bull run up to 500-600 before real capitulation.
Almost every credible EW analyst i've seen thinks we're in an ending Wave 4. Meaning, there should be one more spike up before catastrophe...20, 40, 60 ? Who knows how low it can go.
Every single EW 'expert' I've seen on here is full of shit. Nobody predicted this a few weeks ago, nobody. None of them have any credibility left. At any rate. Im a buyer at 120, and i've been ultra bearish for a year. |
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cbeast
Donator
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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January 14, 2015, 11:24:10 PM |
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What I hope the further dip would achive is to Kill these pointeless shitcoins and people would start focusing more on important stuff. That is if BTC itself survives ofcourse
Bitcoin is a useless shitcoin. There are better alt coins. If BTC dies they all die. Bitcoin won't die but altcoin exchanges won't be able to afford to stay up. |
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samson
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Activity: 2097
Merit: 1068
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January 14, 2015, 11:25:42 PM |
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Litecoin is at an all time low! $1.12 USD at this moment. Just another sign that crypto is on its death bed.
LOL, I distinctly remember buying 25,000 LTC for 7 cents each some time ago. |
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pinky
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January 14, 2015, 11:25:50 PM |
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Well, I've always wanted to own 1/1,000,000 of the bitcoin economy (that's 21 bitcoins for you tards who can't do math), and I got close once before, but sold most of them. If we hit double digits, I'll probably buy a dozen or so BTC just so I can have 21.
... and put them on the wall? |
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samsonn25
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January 14, 2015, 11:26:16 PM |
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Litecoin: $1.14 I'm shocked Me too. From $48 is like 97% drop If bitcoin is similar we have a long way to go.  |
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luckygenough56
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Activity: 1526
Merit: 1012
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January 14, 2015, 11:26:34 PM |
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who cares if bitcoin dies, crypto can still be done the right way, just regulated and not pump and dump scheme.
believe it or not a currency needs trust to work.
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