|
esse83
|
 |
December 16, 2014, 11:25:34 PM |
|
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!
Brilliant move, $10k any second now.. after all Africa is going crazy over bitcoin  I heard that Kony is buying like crazy to fund his army of children in fact! Bullish as fuck. |
|
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
findftp
Legendary
 Offline
Activity: 1022
Merit: 1006
Delusional crypto obsessionist
|
|
December 16, 2014, 11:25:53 PM |
|
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!
Not stupid. You are defending the upper regions of the bottom. Someone's got to do it. Let me do the 220 part. Everybody gets his fair share |
|
|
|
|
|
kenji
|
|
December 16, 2014, 11:26:18 PM |
|
do you guys expect a crash to sup $300?
|
|
|
|
|
grappa_barricata
Full Member
Offline
Activity: 154
Merit: 100
playing pasta and eating mandolinos
|
|
December 16, 2014, 11:28:49 PM |
|
price dropped 10% in last 24h, china awakening in 30m, lets see what happen
|
|
|
|
|
|
_javi_
|
|
December 16, 2014, 11:30:04 PM |
|
do you guys expect a crash to sup $300?
nobody has a clue what´s next. welcome to bitcoinland |
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
December 16, 2014, 11:30:30 PM |
|
hail to the reptilian overlords more ripple pump another day in bitcoinland btw i voted for <300  |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
December 16, 2014, 11:31:19 PM |
|
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!
Not stupid. You are defending the upper regions of the bottom. Someone's got to do it. Let me do the 220 part. Everybody gets his fair share i can live with that. |
|
|
|
|
|
janos666
|
|
December 16, 2014, 11:32:30 PM |
|
i picked up a few bits... pretty sure the price is going to keep crashing tho, am i nuts? or stupid? maybe both?!
I don't know. I did a similarly irrational thing. I moved the stop price of my short (average price ~347) lower (low enough to get triggered by random noise, lower than 347). |
|
|
|
|
|
bitcoinmining
|
|
December 16, 2014, 11:32:36 PM |
|
C'mon China we're waiting for another dump! Sell sell sell those coins... It's a beautiful day to sell high&buy low  |
|
|
|
|
|
barbs
|
|
December 16, 2014, 11:35:15 PM |
|
Don't worry, there's always a next auction with tens and hundreds of thousands of stolen BTC. The ultimate finale will be MtGox.
I really wish the community didn't just let Mark dissapear into the shadows, that guy got away with a good amount of everything in the good days of BTC (for years) We all just let him go away. Yes I'm blaming mark karpeles for this sell off. because he robbed me. |
|
|
|
|
itod
Legendary
Offline
Activity: 1974
Merit: 1075
^ Will code for Bitcoins
|
|
December 16, 2014, 11:39:12 PM |
|
do you guys expect a crash to sup $300?
nobody has a clue what´s next. welcome to bitcoinland Nobody has a clue, but some of us were predicting bottom in the range $280-$285 for quite some time (months). That's the bottom were miners have to stop selling immediately what they mine or turn off their machines. Some smart-asses keep claiming that price has nothing to do with mining which is only partly true, price *is* formed by supply and demand, but they keep forgetting that miners are the bigger part of the supply side. This is not so important when the price is way up and miners can only sell part of their produced BTCs and speculate with the rest, but with the price this low they have to sell right now, there's no margin for risk of BTC falling ever lower and they would end up in red because they've already in debt for the electricity they've consumed. However, when the price goes below the US$ amount already invested in BTC through mining, they have to stop selling and wait for the price to go up to $280 or go out of the business. Simple as that. |
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
|
December 16, 2014, 11:41:07 PM |
|
Don't worry, there's always a next auction with tens and hundreds of thousands of stolen BTC. The ultimate finale will be MtGox.
I really wish the community didn't just let Mark dissapear into the shadows, that guy got away with a good amount of everything in the good days of BTC (for years) We all just let him go away. Yes I'm blaming mark karpeles for this sell off. because he robbed me. sue him, put a hit out, stalk his gay lover, kidnap his poodles, stop whining and do something about it. |
|
|
|
|
jelin1984
Legendary
Offline
Activity: 2408
Merit: 1004
|
|
December 16, 2014, 11:42:45 PM |
|
Nem coin
|
|
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
December 16, 2014, 11:47:27 PM |
|
|
|
|
|
|
N12
Donator
Legendary
Offline
Activity: 1610
Merit: 1010
|
|
December 16, 2014, 11:48:49 PM |
|
In that case there's a good chance a vast number of current investors would leave for good, and price would deflate to level that seems laughably low right now... but then what? Others will pick it up from there, as long as there is the confidence that Bitcoin is useful for something after all. Cue the trolls: "It's about as useful as beanie babies or tulips". I don't need to tell you that's just noise. The usefulness of Bitcoin (or crypto in general) is undisputed. What is up for debate is the scale at which it will be used (and, as a consequence, what the valuation of the network should be).
Forgot to respond before, but Beanie Babies are actually more useful than Bitcoins IMO. When I hold Bitcoin, I hide them in my cold wallet, too scared to even consider spending any because of the eternal public paper trail it leaves. It's already scary enough to securely handle cold storage considering all possible attack and data loss vectors, but at the same time, I have to be scared that they tremendously lose value again. At least you can play with Beanie Babies, and some of them actually look nice. Plus, they're already worthless.  Next time, go for Beanie Babies. |
|
|
|
|
|
NotLambchop
|
|
December 16, 2014, 11:57:09 PM |
|
...
Next time, go for Beanie Babies.
Muh niggah!  |
|
|
|
|
Erdogan
Legendary
Offline
Activity: 1512
Merit: 1005
|
|
December 16, 2014, 11:57:17 PM |
|
In that case there's a good chance a vast number of current investors would leave for good, and price would deflate to level that seems laughably low right now... but then what? Others will pick it up from there, as long as there is the confidence that Bitcoin is useful for something after all. Cue the trolls: "It's about as useful as beanie babies or tulips". I don't need to tell you that's just noise. The usefulness of Bitcoin (or crypto in general) is undisputed. What is up for debate is the scale at which it will be used (and, as a consequence, what the valuation of the network should be).
Forgot to respond before, but Beanie Babies are actually more useful than Bitcoins IMO. When I hold Bitcoin, I hide them in my cold wallet, too scared to even consider spending any because of the eternal public paper trail it leaves. It's already scary enough to securely handle cold storage considering all possible attack and data loss vectors, but at the same time, I have to be scared that they tremendously lose value again. At least you can play with Beanie Babies, and some of them actually look nice. Plus, they're already worthless. Next time, go for Beanie Babies. He is right about the usefulness, but bitcoins are not useful and that is the point, they have only speculative value, that is what makes them money. EDIT (just noticed) you are right. |
|
|
|
|
wobber
Legendary
Offline
Activity: 1064
Merit: 1001
|
|
December 16, 2014, 11:59:06 PM |
|
Panic sell in the making.
|
|
|
|
|
|
ParabellumLite
|
|
December 17, 2014, 12:00:34 AM |
|
Panic sell in the making.
Seems like China is waking up. I wonder what the weekend will bring. |
|
|
|
|
|
Poll
