Calling the end

[revans]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

[papaminer]

welcome to my ignore list... have fun with your brothers in the list

[kireinaha]

You know guys, he might be right. It seems like the market is beginning to trail off from last month's enthusiasm, and there could be so many things happening  -- some negative -- over the next few months that we might not get another big rally again. I'm not going to call it the "end" of bitcoin, but it may be the end of the uptrend. Maybe another cryptocurrency will now step up. Just sayin'

[dasein]

http://www.youtube.com/watch?v=pdRH5wzCQQw

[Don007]

Interesting.. Could you explain your statement? You've got 375, if you were a newbie I would ignore you too but I'll give it a shot. Why?

[ablewasiereisawelba]

You know guys, he might be right. It seems like the market is beginning to trail off from last month's enthusiasm, and there could be so many things happening  -- some negative -- over the next few months that we might not get another big rally again. I'm not going to call it the "end" of bitcoin, but it may be the end of the uptrend. Maybe another cryptocurrency will now step up. Just sayin'

"Trailing off" sounds like a slow, steady decline.

That is not what has happened or is happening.

[piramida]

Interesting.. Could you explain your statement? You've got 375, if you were a newbie I would ignore you too but I'll give it a shot. Why?

Here's why:

Some people are working really hard to push the price back up to $90. I expect a bloodbath when MtGox resumes trading, could be down to sub $5 this time tomorrow.

At present all bitcoin seems to be doing is something I thought would be bear impossible: make government fiat look almost attractive.

he's been a sad troll waiting for bitcoin to hit $1 so he could buy 1 for as long as I can remember. Click the button, save your braincells

[Don007]

Hehehe thank you. Good luck people with trying to push the price back. Are you going to dump all your coins to do that? Be my guest.

[theonewhowaskazu]

17% crash, oh no,

As far as I'm concerned, I hardly even noticed when Bitcoin increased above $1000. All I knew is that Bitcoins were worth a lot. As long as they stay above $1000 I'm more than happy with my lot.

[rayfloyd]

We went lower than that last monday. Bitcoin remains unaffected. Welcome to my ignore list revans, you are the first one in there.

[theonewhowaskazu]

It seems like Bitcoin is becoming more "inherently diversified" and stronger when it comes to news events. This is the first step to it becoming a currency and leaving the realm of super-speculative jobbido.

[UrbanZenMaster]

I'm actually getting bored listening to people make statements like these... 'It's the end!' or 'The bubble has burst!", if only I had a Satoshi for every time this type of myopic vision is projected...  Even Bank of America is acknowledging the potential of bitcoin...

This is sort of unrelated, but do you believe in the single bullet theory also? ;-)

[rayfloyd]

I'm actually getting bored listening to people make statements like these... 'It's the end!' or 'The bubble has burst!", if only I had a Satoshi for every time this type of myopic vision is projected...  Even Bank of America is acknowledging the potential of bitcoin...

This is sort of unrelated, but do you believe in the single bullet theory also? ;-)

1.Grab popcorn
2.Sit in BTC-E trollbox
3.Get rich
4.?
5.Profit!

[RodeoX]

How many times have you pronounced bitcoin dead? I lost count.

[QuestionAuthority]

[BadBear]

So what altcoin is this one shilling for? Ripple?

[Come-from-Beyond]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

I will sue u for copyright infringement.

[XBBlade]

Whats the purpose of this threat?

[takagari]

Or they are hoping someone important will listen and repeat, therefor causing mass sale's. dropping price. allowing the tool of an op to buy up before it rises again..

On the other hand. some people are just always negative lol

[flatfly]

When revans is calling the end, you know another surge is imminent.

[takagari]

Time for another Ignore

[EvilPanda]

I'm calling the end of OP due to mass ignore.

[DGulari]

I'm not going to call it the "end" of bitcoin, but it may be the end of the uptrend. Maybe another cryptocurrency will now step up. Just sayin'

"Trailing off" sounds like a slow, steady decline.

Yeah, another day today where it didn't explode up with a 20% increase.  This bitcoin thing is for the birds.  I am moving on to more exciting projects.  This is dead.

[XBBlade]

@Holliday & @blahblahblah. Ok thanks! This clears

[Ozymandias]

Certainly consistent with the countless other incorrect 'predictions' of his.

[sLide.]

  <---This thread and why it isn't locked yet.

[Johnny Bitcoinseed]

He is a reverse barometer of what will happen, which means this is just the beginning

[franky1]

these people that say its dead obviously bought in at the wrong price or sold on the low and then it increased and are now at a loss.

what you have to look at is the pattern for the last 6 months. every first week of the month you will see a larger then usual ramp-dump. then 3 weeks of steady rises..

this month might be different due to people cashing out to buy christmas gifts in FIAT or for the bitcoin merchants to sell off their coins to restock from FIAT suppliers.

apart from that bitcoin is far from dead. id give it 140 years + with no major changes to the bitcoin protocol, maybe less if some developer action causes a drastic change in direction of bitcoin (IE forks bitcoin into something useless or creates a new coin that exceeds the usability/features of bitcoin)

[Jochen]

There were many negative articles the last days, and i think 90% were from banks.. who said that bitcoins are dangerous and useless... .I Also saw positive articles these days..
The reason that the banks put articles about how bad bitcoins are, let me think that they are scared of the bitcoin, what means it can increase in value if people understand this.
We need to fight the war against the modern slavery of the banks against us.. They are playing with our money and are scared to lose their position because of the new cryptocurrency's which have alot of potential..
Spread the word about the brilliant system.

[FandangledGizmo]

My 2 cents.

I think the central banks are terrified of Bitcoin holding above the gold price for any length of time before Christmas.
(Notice how the two big dips happened right around that level.)

They've done a lot of negative press lately and the last thing they want is articles on major magazines around the world going into Xmas season where families and groups discuss the hot topics of season as well as plan their investment strategy for the following year.  

Some headlines...

'In January it was cheaper than silver, today it's more expensive than gold'

'GOLD 2.0 - As Bitcoin overtakes the gold price we ask is Bitcoin the new gold?'

The cover of Time Magazine is just a question mark with the question 'Who is Satoshi?'

'Bitcoin up 10 000%+ in 2013, what will it do in 2014?'

The Chinese announcement, (Which wasn't awful but obviously caused the last dip), was made right after the David Cameron visited in China, (And he just works for the bankers in the City of London), so while they might have mentioned international trade in their discussions, I think it was mostly David Cameron saying to China 'Please, I beg you, pretty please, do whatever you want with Tibet we won't say a word, please just help us to keep Bitcoin below $1300 till the New Year.'

Bitcoin holding above $1300 for any period will bring unwanted Publicity to both Gold and Bitcoin for the bankers, who are hoping to keep peoples money in their bank accounts till the mass bail-ins begin at least.

[BittBurger]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

revans - PS:  30% crash then immediate rebound.  

revans - Bitcoin is far too powerful to fail over something as silly as the China announcement.    

revans - It must suck to always ... be wrong.  Then again, Trolls don't care about being wrong.  They say inflammatory things over, and over, just to annoy people.  Right?

[LiteCoinGuy]

there are always good and tough times. no risk, no win.

[brother3]

I'm calling the end of OP due to mass ignore.

ROTF!!!!!

[shadowninjax]

nobody can just end bitcoin, it is not owned by a single country or a person.

[marcetin]

Please use this Max Keiser's technique for watching Bitcoin chart if you are true believer http://www.youtube.com/watch?v=M1owcncKCHg
If they said that we, true believers,  are monkeys than OK

[theonewhowaskazu]

Well, he might be right that its the end of the rally. Seems like we've been trying to get sub-$1000 now for a real long time now, every time we bounce back.

[everythingis19]

I've been a bitcoin investor since late last year, I'm not an active trader so I don't frequent the price charts or follow the graphs on a daily basis.  This is actually the first "crash" that I've witnesse live. Every other time in the past when bitcoin "crashed" I didn't even know.. I get informed by a friend about the "crash" that just happend, check the charts later in the day and the price is either the same, higher as when I last saw, or on the way back up again.

Point being - yawn .. Crash? Lol price back up to 1200+ before Monday ends

[Ecurb123]

You know guys, he might be right. It seems like the market is beginning to trail off from last month's enthusiasm, and there could be so many things happening  -- some negative -- over the next few months that we might not get another big rally again. I'm not going to call it the "end" of bitcoin, but it may be the end of the uptrend. Maybe another cryptocurrency will now step up. Just sayin'

I don't think the price will go down too far, there are too many people who want to make a bunch of money to let it fall to far.

[Frost000]

I'm sure the price'll pick up again at some point early next week. If not then, eventually.

All I keep hearing is how Bitcoin continues to be more and more accepted worldwide as a legit currency. As such, if that trend continues, it'll keep being valuable. Seems pretty simple to me.

[BlackShadow]

  There will always be ups and downs. You actually believe this is the end because bitocoin has lost its value and is now only $800 each?

[wormbog]

Bitcoin had a great run, folks. It was fun while it lasted. But it's obvious the party is over. C'est la via.

I'm putting all my money into Bytecoin. ALL OF IT. Welcome to the future!

[traderCJ]

I've been a bitcoin investor since late last year, I'm not an active trader so I don't frequent the price charts or follow the graphs on a daily basis.  This is actually the first "crash" that I've witnesse live. Every other time in the past when bitcoin "crashed" I didn't even know.. I get informed by a friend about the "crash" that just happend, check the charts later in the day and the price is either the same, higher as when I last saw, or on the way back up again.

Point being - yawn .. Crash? Lol price back up to 1200+ before Monday ends

Perspective .. something most of the chickens running around here do not have.

[beetcoin]

these bitcoins need an in-built panic button. it's funny how we are always seeing "bitcoin will hit $1 million by 2016" threads, while also "bitcoin is worth $0" at the same time.

if you think bitcoin is over, good for you. just go cash out and wait to see what happens. maybe you'll be right, maybe you'll be wrong.. you'll just have to live with the results.

[marcotheminer]

"Speaks his mind on a bitcoin forum, gets shut down as the belief scares bitcoiners or goes against their beliefs"
Lol 

[Desensitizer]

This is like 4chan level trolling. Not even clever. I am not impressed.

[wickedgoodtrader]

I've watched bitcoin closely for over a year now. I sold 70% of my position yesterday. There was sooooo much hype behind BTC and it appeared buyers were drying up around $1100-$1200.. we put in a double top. It is not bouncing back like it usually does.. I say we are def in downtrend mode and will go as low as $600 MINIMUM... more like the $300-$500 range.

[pand70]

I've watched bitcoin closely for over a year now. I sold 70% of my position yesterday. There was sooooo much hype behind BTC and it appeared buyers were drying up around $1100-$1200.. we put in a double top. It is not bouncing back like it usually does.. I say we are def in downtrend mode and will go as low as $600 MINIMUM... more like the $300-$500 range.

I think we are in downtrend for a while now but a "THE END IS NEAR" isn't the place to discuss double tops and elliott waves 

[beetcoin]

yeah, a bear market makes the most sense. the hysteria lasted for a long time, didn't it? i wasn't expecting it to hover around $1k that long. that's not like how most of the rallies in the past have been, so that just makes things more wild and volatile.

[DeeSome]

Pity this car dealership lol. I'm still hanging on to my coins though.

http://www.dailymail.co.uk/sciencetech/article-2518724/Now-buy-cars-Bitcoin-Lamborghini-adds-list-companies-accepts-digital-currency.html

[PenAndPaper]

Pity this car dealership lol. I'm still hanging on to my coins though.

http://www.dailymail.co.uk/sciencetech/article-2518724/Now-buy-cars-Bitcoin-Lamborghini-adds-list-companies-accepts-digital-currency.html

That made me laugh. I think we need some of that because things don't look well at all. Many people will lose huge today.

[revans]

Pity this car dealership lol. I'm still hanging on to my coins though.

http://www.dailymail.co.uk/sciencetech/article-2518724/Now-buy-cars-Bitcoin-Lamborghini-adds-list-companies-accepts-digital-currency.html

Serves them right for being publicity whores.

[Anddos]

Feel sorry for the guys with knc miners right now thinking they will pay them self off

[Rob768]

People need to understand that any commodity, stock, investment will never shoot straight up.  Usually there are dips to fill the gaps.  There was a huge gape between 600 and 1000 which was never filled.  That's what's happening.  Once the gap is filled, things will stableize and have a higher base for the next leg up. 

[Bitcoinpro]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

what else have you ever predicted with success

[ar88]

rebounded over 800 just now..

[frograven]

everyone knows it died in late 2011 and we've just been flogging a dead horse since then
http://arstechnica.com/tech-policy/2011/10/bitcoin-implodes-down-more-than-90-percent-from-june-peak/

[balusch]

plenty of other coins with more or lesser improvements to take its place  No idea if such a thing could ever happen..

noooo it will not.

you cannot kill what doesnt bleed

[jackioflap]

Like all things there are bumps in the road. Its going to continue crashing and rising with such dramatic until its no longer treated like a commodity and more like the currency it was intended to be. When people actualy start spending it instead of trading it the value will fi.d a stable level.

Its far from dead but its definitly nerve racking.

[PenAndPaper]

The only end the op will ever see http://www.youtube.com/watch?v=NoBFhdeR9PE

[malumeze86]

Whats the purpose of this threat?

The OP is a person who sows discord on this forum by starting arguments or upsetting people, by posting inflammatory messages, with the deliberate intent of provoking readers into an emotional response.

Isn't that a troll?   

BTC ain't going anywhere any time soon.  Just sit back, buy if you are able, and watch them go back up!

[VforVictory]

It's not a bubble, guys. <_<

[PenAndPaper]

Whats the purpose of this threat?

The OP is a person who sows discord on this forum by starting arguments or upsetting people, by posting inflammatory messages, with the deliberate intent of provoking readers into an emotional response.

Isn't that a troll?   

BTC ain't going anywhere any time soon.  Just sit back, buy if you are able, and watch them go back up!

People are selling their bitcoins and they try to spread despair so they can buy later at a cheaper price. Just ignore him since he is doing it in such an obvious way.

[Beans]

Wish I could have bought some of those 650 coins.

[PenAndPaper]

rebounded over 800 just now..

The swings are huge atm. There is no point reporting the price every time it dips 100$ or jumps a hundred. It can take days or even weeks for the things to stabilize.

[niothor]

Feel sorry for the guys with knc miners right now thinking they will pay them self off

Do you at least have a clue about what you're talking?

[niothor]

Whats the purpose of this threat?

The OP is a person who sows discord on this forum by starting arguments or upsetting people, by posting inflammatory messages, with the deliberate intent of provoking readers into an emotional response.

Isn't that a troll?   

BTC ain't going anywhere any time soon.  Just sit back, buy if you are able, and watch them go back up!

Before replying people should take a look at the yellow thing called "Ignore".

[pand70]

plenty of other coins with more or lesser improvements to take its place  No idea if such a thing could ever happen..

noooo it will not.

you cannot kill what doesnt bleed

Everything that brought the price down, applies to alt coins as well 

[jones31]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

Qouting for future reference!
How much more do you think this drag , upwards from what I see will continue?

[Coin_Master]

Yep, am calling this as the end of Bitcoin, it may drag on for a while, but it's dead.

On the 13th of Janurary 2013 the price of Bitcoin was 13 USD.
As I write this response to your post the price of Bitcoin is 885.5 USD on Bitstamp.
That is more than a 6800% increase for the year.  No other investment opportunity has seen such growth.
Perhaps you were referring to the US Dollar? "dragging on for a while, but it's dead"

[sgbett]

Feel sorry for the guys with knc miners right now thinking they will pay them self off

Do you at least have a clue about what you're talking?

hehe. I was gonna post some serious comment about only needing to mine around 15 BTC to break even, but yours is much better

[knightcoin]

the only answer (already)  dead body is ...

http://www.youtube.com/watch?v=k8LqlMzEe-I

CSI 

[Oldminer]

Fail thread of the century