Calling the end

[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?