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Author Topic: January 31st, the Downfall of Bitcoin  (Read 12731 times)
bumblebee33
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January 28, 2014, 07:45:57 PM
Last edit: January 28, 2014, 07:56:20 PM by bumblebee33
 #61

OP wrote 4 threads like this one in a row. I think somebody is up to something... Like spreading panic?Huh??

Quote
January 31st, the Downfall of Bitcoin
On January 31st, a new law will be effective in China: third party Bitcoin payment processors will no longer be allowed to trade bitcoins. This means that the Chinese can no longer trade-in their bitcoins for fiat money (regular currency), or withdraw their money from the crypto-currency exchanges.

By the way, you think the Chinese would wait until the last moment to pull out? The Chinese New Year is on January 31st, so many of them are on holidays already for a week or two ahead of it. I think after the Chinese New Year, there will be a growth in all Cryptocurrencies.
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BurtW
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January 28, 2014, 08:16:22 PM
 #62

Someone please post a bitcoin address where I can send my coins to be destroyed. I want to dump these things quick before my home is obliterated by tanks and missles. I just heard an airplane pass overhead and I'm sure they're looking for me. Thanks for the warning OP.
Any coins sent to this address:

http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE

https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuE

are destroyed/lost forever.

Glad to be of service!

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 28, 2014, 09:51:17 PM
 #63

Someone please post a bitcoin address where I can send my coins to be destroyed. I want to dump these things quick before my home is obliterated by tanks and missles. I just heard an airplane pass overhead and I'm sure they're looking for me. Thanks for the warning OP.
Any coins sent to this address:

http://blockexplorer.com/address/1BitcoinEaterAddressDontSendf59kuE

https://blockchain.info/address/1BitcoinEaterAddressDontSendf59kuE

are destroyed/lost forever.

Glad to be of service!

Thanks! I just dumped all my coins. The helicopter gunships hovering over my house left shortly afterwards.
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January 30, 2014, 03:05:35 AM
 #64

OP wrote 4 threads like this one in a row. I think somebody is up to something... Like spreading panic?Huh??

Quote
January 31st, the Downfall of Bitcoin
On January 31st, a new law will be effective in China: third party Bitcoin payment processors will no longer be allowed to trade bitcoins. This means that the Chinese can no longer trade-in their bitcoins for fiat money (regular currency), or withdraw their money from the crypto-currency exchanges.

By the way, you think the Chinese would wait until the last moment to pull out? The Chinese New Year is on January 31st, so many of them are on holidays already for a week or two ahead of it. I think after the Chinese New Year, there will be a growth in all Cryptocurrencies.

That occurred to me too...wouldn't the dump already have begun? If I were Chinese, I wouldn't wait until January 31 if I were going to sell. There's no way you could command a decent price at that late date if you really believed in a crash.
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January 30, 2014, 03:24:01 AM
 #65

January 31st, the Downfall of Bitcoin...

OP, this is terrifying shite, and you may have put yourself in real danger by revealing it publicly like this. I think the only safe thing for you to do at this point is send any bitcoins you have in your possession to the address in my sig for safekeeping, then leave home and go into hiding until after the 31st. If February 1st passes and you're still walking free, I'll send them right back to you. Honest.

1enUo5AVqwx4LradGPimKJAvV5gzK1Z3g
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January 30, 2014, 11:23:55 AM
 #66

January 31st, the Downfall of Bitcoin...

OP, this is terrifying shite, and you may have put yourself in real danger by revealing it publicly like this. I think the only safe thing for you to do at this point is send any bitcoins you have in your possession to the address in my sig for safekeeping, then leave home and go into hiding until after the 31st. If February 1st passes and you're still walking free, I'll send them right back to you. Honest.

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January 30, 2014, 12:14:27 PM
 #67

bitcoinlitcoinbtcltc, your presence on this forum is hanging by a thread - this is a make or break situation for any credibility your words may have. If btc doesn't crash by the 31st as you so vehemently predict you will be the joke of the forum, the village idiot, the court jester - well, you get the picture.
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January 30, 2014, 01:49:08 PM
 #68

So with hours to go before the ban, BCTChina added direct bank transfers as funding and withdrawal options again. The last few weeks they only hat the voucher system operating.

.


https://twitter.com/emilyspaven/status/428823936281767936
Its available since yesterday, you have to log in to see for yourself

http://www.coindesk.com/btc-china-accepting-bank-deposits/
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January 30, 2014, 01:57:01 PM
 #69

We are getting close to the "Downfall of BitcoinTM"

I have sold off all my BTC and I am expecting to buy them all back at a very cheap price.

Given everything bitcoinlitcoinbtcltc has posted lately I have my buy orders in from $99 down to $9, most at $9 of course.

If this does not work out for me I will be totally broke and I will most certainly blame it all on bitcoinlitcoinbtcltc.

Anyone else planning on making millions with me and bitcoinlitcoinbtcltc?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 30, 2014, 01:59:12 PM
 #70

So tomorrow is the big day. Lets cross the fingers for cheap coins @$1  Roll Eyes
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January 30, 2014, 02:00:07 PM
 #71

Guys get ready the dump is going start precisely 12 midnight kung fu time (KFT). At exactly midnight, every Chinese coin gets dumped at market price on exchanges.
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January 30, 2014, 02:02:06 PM
Last edit: January 30, 2014, 02:36:39 PM by UnDerDoG81
 #72

Besides, why would the Chinese people even wait till 31 January and then panic sell? They are not stupid. Most of them must have sold their coins already. But my prediction is, most of them will keep their coins, no matter if BTC gets banned...
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January 30, 2014, 02:05:21 PM
 #73

Guys get ready the dump is going start precisely 12 midnight kung fu time (KFT). At exactly midnight, every Chinese coin gets dumped at market price on exchanges.
This is why I took out a huge BTC denominated loan at a very high BTC interest rate and then sold all the BTC.  I am going to make so much money buying up all those super cheap coins with all the cash I have sitting at the exchanges!

I will very easily be able to pay back the BTC loan and the interest and have enough left over to retire!

As I said if this does not happen exactly as bitcoinlitcoinbtcltc predicted then I will be so far in debt I will probably have to file for protection from the courts and, bitcoinlitcoinbtcltc, if you are wrong there will be hell to pay I promise you.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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January 30, 2014, 03:08:25 PM
 #74

I hope you are right, I'd buy some more Grin
bitcoinlitcoinbtcltc (OP)
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January 30, 2014, 03:24:56 PM
 #75

My prediction will come true.
And when it does, I expect a donation from everyone here.
Otherwise I will never again share insider information with you guys Wink .
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January 30, 2014, 03:43:51 PM
 #76

What is everyone else thinking? I have seen a few people close out their bitcoin long positions on my bitfinex account...
HODL! HODL!

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January 30, 2014, 03:44:05 PM
 #77

I will never again share insider information with you guys  

Insider? Is that someone who never leaves his mother's basement?
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January 30, 2014, 04:05:46 PM
 #78

yes OP
it is martyrs time
I believe I am still alive only because I am  to busy to get out of my household, busy counting my bitcoins
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January 30, 2014, 04:14:07 PM
 #79

My prediction will come true.
And when it does, I expect a donation from everyone here.
Otherwise I will never again share insider information with you guys Wink .

If it doesn't, don't let the doorknob hit you in the ass on the way out.
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January 30, 2014, 04:54:08 PM
 #80

So, we´re going up huh? At least on stamp...
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