Some greedy inviduals might have just blown our chance for MAINSTREAM adoption.

[whtchocla7e]

I'm sure many on here can guess who those individuals are....

Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.

I was hoping our community would have seen a bigger picture and not be manipulated so easily.

I agree. Let the Bitcoin settle at around $1 per piece and stay there for a long time to show some stability.

[1714525921]

1714525921

[1714525921]

1714525921

[hilariousandco]

the OP thinks that the price dropping from over $1000 to the prices it sits at now is a bad thing?

if gold went from $1310 an oz to lets say $600, you really think everyone would be running away from gold, or towards it?

the same applies to bitcoin.

Nice analogy.

Yep, looks like it's reached a stage where it's cheap enough again... the buys are flowing in quite nicely now, staying above 600... even with mountainofcocks trading at nearly half

Happens all the time. Price falls and the people who believe in Bitcoin / want to get in buy more and the price gradually rises. Rinse and repeat.

[gweedo]

I'm sure many on here can guess who those individuals are....

Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.

I was hoping our community would have seen a bigger picture and not be manipulated so easily.

This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.

The sad thing is that half of these newbs getting involved seem to want to be. They don't care about Bitcoin; they just want to get rich quick, and then they'll probably act like rich bankers and blow it all on drugs and shit.

That is why I love when it drops big like this, keeps the real believers and kicks out the get rich scheme kiddies.

[hilariousandco]

I'm sure many on here can guess who those individuals are....

Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.

I was hoping our community would have seen a bigger picture and not be manipulated so easily.

This is call a correction, welcome to finance. Also bitcoin is about being YOUR OWN bank, we don't bankers here.

The sad thing is that half of these newbs getting involved seem to want to be. They don't care about Bitcoin; they just want to get rich quick, and then they'll probably act like rich bankers and blow it all on drugs and shit.

That is why I love when it drops big like this, keeps the real believers and kicks out the get rich scheme kiddies.

Yeah, but there's always a constant wave of them. Each time a batch gets scared off another set comes rolling on in and the process repeats. Sick of their whining and crying and FUD-spreading when their coins haven't magically doubled within a month and they start panicking when the price drops a bit.

[iPaulito]

I'm sure many on here can guess who those individuals are....

Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.

I was hoping our community would have seen a bigger picture and not be manipulated so easily.

Eventually somebody will.

[Brangdon]

Eventually somebody will.

Maybe Scotland.

(Scotland is considering breaking away from the UK. We (I am English) have told the Scots that if they do that, they'll have to give up any influence they have over the pound Sterling. So that could leave them looking for a currency. They might go for the Euro (and might have to if they want to be part of the EU), but frankly the Euro hasn't looked very attractive over recent years. It would be fun if they went for a crypto-currency. I suspect they'd carry on using Sterling for a few years regardless and then switch, so Bitcoin would have some time to mature. They may not break away at all; they decide in September.)

[Warren]

I'm sure many on here can guess who those individuals are....

Standard Bank of South Africa is currently looking to integrate bitcoin into their banking network. Its the greatest news for the bitcoin community but i'm afraid someone have just blown that chance up. This wild swing market full of pigs will scare the executives away when they're evaluating bitcoin.

I was hoping our community would have seen a bigger picture and not be manipulated so easily.

Stop worrying about the price of Bitcoin against fiat currencies. Bitcoin is unique because of it's properties and how it can be used, without the need for bankers! When the majority of people truly start to understand the usefulness of Bitcoin and stop thinking of it like a pyramid investment scheme, that's when Bitcoin will really take off.

Bitcoin is here to stay and the less you worry about the day-to-day price VS fiat the happier you will be in the end.

[BTCisthefuture]

Volatility of bitcoin's exchange rate hasn't slowed down adoption one bit. Doesn't matter what the exchange rate of bitcoin is or even how much it fluctuates. So long as bitcoin offers savings to merchants via cheaper transaction costs and no chargebacks, adoption will continue to grow..at least on the merchant side of things.