URGENT, Bitcoin is on the verge of collapse !!!

[Hunyadi]

I said a year ago,
Mining companies came out of the game and mining is cooled, bitcoin dies.......

Mining factor is 0.2 cents/Gh at 24h

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Like this is the first time... 

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[igorr]

Next in line the collapse is USD !

BRICS occupies a leading position in the world, and USD dies,
between member States no more transaction in USD, and that's the end of world domination dollars.


http://en.wikipedia.org/wiki/BRICS

[bigtimespaghetti]

Next in line the collapse is USD !

BRICS occupies a leading position in the world, and USD dies,
between member States no more transaction in USD, and that's the end of world domination dollars.


http://en.wikipedia.org/wiki/BRICS

The dollar is not going away any time soon. But its dominance may be.

[igorr]

Next in line the collapse is USD !

BRICS occupies a leading position in the world, and USD dies,
between member States no more transaction in USD, and that's the end of world domination dollars.


http://en.wikipedia.org/wiki/BRICS

The dollar is not going away any time soon. But its dominance may be.

I am talking the dollar will die within a year, or at the latest in 2017 year.
All countries changing USD for physical gold, and quick end is inevitable.

[bigtimespaghetti]

Next in line the collapse is USD !

BRICS occupies a leading position in the world, and USD dies,
between member States no more transaction in USD, and that's the end of world domination dollars.


http://en.wikipedia.org/wiki/BRICS

The dollar is not going away any time soon. But its dominance may be.

I am talking the dollar will die within a year, or at the latest in 2017 year.
All countries changing USD for physical gold, and quick end is inevitable.

You do realize people have been saying this since the 80s?

[igorr]

Next in line the collapse is USD !

BRICS occupies a leading position in the world, and USD dies,
between member States no more transaction in USD, and that's the end of world domination dollars.


http://en.wikipedia.org/wiki/BRICS

The dollar is not going away any time soon. But its dominance may be.

I am talking the dollar will die within a year, or at the latest in 2017 year.
All countries changing USD for physical gold, and quick end is inevitable.

You do realize people have been saying this since the 80s?

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

[Oscilson]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

[Parazyd]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

USD actually went up in value a bit lately. Or maybe it's just my country's currency going down...

[Watoshi-Dimobuto]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

USD actually went up in value a bit lately. Or maybe it's just my country's currency going down...

hahaha same here.
Well in my case, it is really my country's currency going down.

[igorr]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

it will be the era of physical gold

[fewcoins]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

USD actually went up in value a bit lately. Or maybe it's just my country's currency going down...

Actually you are 110% correct... the US currency is the strongest it has been in a LONG time... perfect chance to short it for long term since it is not sustainable

[botany]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

it will be the era of physical gold

Bitcoin is the equivalent of e-gold. Both Bitcoin and gold can rule.

[Gianluca95]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

it will be the era of physical gold

Bitcoin is the equivalent of e-gold. Both Bitcoin and gold can rule.

Too much soon for say this. More or less, gold is stable in terms of price, because bitcoin actually is so speculative. We have to wait 2 or more years to see a stable price. Actually bitcoin is only a very good way to do payment and transfer money to the foreign countries

[jjacob]

Yes I know,
but now is 100% the end,
just look, the world economic war has began,
Syria,Ukraine, crude-oil drop to apsolute minumum, gold also drop to minimum, Russian ruble drop to historic minimum,
The next is collapse of the USD.

When the USD colappses, it will be the era of Bitcoin.

it will be the era of physical gold

Bitcoin is the equivalent of e-gold. Both Bitcoin and gold can rule.

Too much soon for say this. More or less, gold is stable in terms of price, because bitcoin actually is so speculative. We have to wait 2 or more years to see a stable price. Actually bitcoin is only a very good way to do payment and transfer money to the foreign countries

Countries with capital control will not know what to do once Bitcoin becomes well established.

[JorgeStolfi]

Countries with capital control will not know what to do once Bitcoin becomes well established.

Bitcoin does not evade capital controls.

What the central banks hate is citizens giving the national currency to foreign banks in exchange for foreign currency.  But if a Chinese citizen buys BTC with yuan at Huobi, then sells those BTC for dollars at Bitstamp, the yuan do not leave China.   The net result is that the Chinese got dollars from some American trader, in exchange for "worthless" bitcoins.  That is good for China and bad for the US.  

If those bitcoins were mined in China, that is basically China exporting yet another product made in China.

If those bitcoins are part of the loads that were imported from the West in Nov/2013, then the export trade above would be reversing the loss due to those previous imports.  Depending on the average price that was paid at the time, it may still mean a profit for China's foreign trade balance.

My pet theory for the collapse of MtGOX is that Mark himself bought bitcoins from his customers with non-existing dollars, and sold them at some Chinese exchange, hoping to be able to bring the money out of China at a later date.  But the Dec/2013 decree blocked that transfer...  EDIT: In that case, the trade above would be China selling to Westerners the bitcoins that Mark stole from his clients, and the Chinese government stole from him...

[Tzupy]

Countries with capital control will not know what to do once Bitcoin becomes well established.

Bitcoin does not evade capital controls.

What the central banks hate is citizens giving the national currency to foreign banks in exchange for foreign currency.  But if a Chinese citizen buys BTC with yuan at Huobi, then sells those BTC for dollars at Bitstamp, the yuan do not leave China.   The net result is that the Chinese got dollars from some American trader, in exchange for "worthless" bitcoins.  That is good for China and bad for the US.  

If those bitcoins were mined in China, that is basically China exporting yet another product made in China.

If those bitcoins are part of the loads that were imported from the West in Nov/2013, then the export trade above would be reversing the loss due to those previous imports.  Depending on the average price that was paid at the time, it may still mean a profit for China's foreign trade balance.

My pet theory for the collapse of MtGOX is that Mark himself bought bitcoins from his customers with non-existing dollars, and sold them at some Chinese exchange, hoping to be able to bring the money out of China at a later date.  But the Dec/2013 decree blocked that transfer...  EDIT: In that case, the trade above would be China selling to Westerners the bitcoins that Mark stole from his clients, and the Chinese government stole from him...

Your pet theory is quite plausible, I think along similar lines. But why do you say "Chinese government stole from him"?
If Mark Karpeles was selling MtGox customers' bitcoins on Chinese exchanges, he should still have a ton of yuan IOUs, prepared to buy back
bitcoins at the bottom of the bear market. Do you mean that Karpeles was robbed of those IOUs by the Chinese authorities?

[JorgeStolfi]

But why do you say "Chinese government stole from him"?  If Mark Karpeles was selling MtGox customers' bitcoins on Chinese exchanges, he should still have a ton of yuan IOUs, prepared to buy back bitcoins at the bottom of the bear market. Do you mean that Karpeles was robbed of those IOUs by the Chinese authorities?

It is a totally wild guess, so the details can be fudged as needed...

In that theory, the cooperating Chinese exchange collected billions of yuans of deposits from thousands of Chinese citizens.  Those yuan were kept in the exchange's bank account.  In Dec/2013, the PBoC forced the banks to close that account, presumably freezing the funds to prevent them being sent to Japan.  (*That* would probably have violated the capital export laws.)

So, indeed, by this theory Mark would be owed billions of yuan by the Chinese exchange; but the exchange no longer has that money, specifically.  ANd the coins were bought by thousands of Chinese with their real hard-earned yuan, so the exchange cannot take those coins back, either.

[igorr]

Do you remember ?

"if BTC price drops to $ 800, I will buy all"  

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[S3052]

indeed very funny...
That's why we issue multiple bitcoin forecasts per week to avoid people buying at 800... when bitcoin prices go down to 255...

[igorr]

indeed very funny...
That's why we issue multiple bitcoin forecasts per week to avoid people buying at 800... when bitcoin prices go down to 255...

You can read this topic from starts. "15.feb 2014 year"

https://bitcointalk.org/index.php?topic=467191.0