so btc value is finished?

[softron]

Thinking of cashing out all my BTC and going to vegas for an expensive weekend

you should keep some in case price hits the roof.

[mgburks77]

Lat year was same thing BTC price was aroud 250$ n then jumps on 1000$. Same will happen again the question is "When".

Past performance is not an indicator of future gains. Best bet is to pick an alt you think has what it takes and is still cheap.

[azguard]

alt coin is they way to earn some more yes it need to pick one my eyes are on several LTC is prime n some other cheaper

[jetspot]

Bitcoin is a spendable currency is it not? As with all spendable currencies the value increases along with how many businesses accept it as a currency. It's a factor worth keeping in mind.

[redwhite037]

no no no no no. BTC is not finished. After the stock market crash of 1929, the stocks came back even stronger than ever. Bitcoin will revive itself eventually. At a low enough price, people will start buying a lot again and the price will start rallying north, then more people will buy, and we'll be over $1000 again.

[Cryptomas]

Yeah it's finished. Pack your bags and go home. Keep your money in a secure bank and get a nice 1.5% increase a year while the money devalues by 5%.

./ sarcasm.

[CurbsideProphet]

All I see is down and down, we couldn't even break into 6s during the last rally.
If bitcoin isn't valuable then why use it instead of a new coin that doesn't have a few powerful people that all ready control all of it?
Thinking of cashing out all my BTC and going to vegas for an expensive weekend

Yes, please do that.  I'm so sick of all the newbie's here and all their panic threads everytime Bitcoin moves a few %.

[zolace]

Cool down people,like any other value,bitcoin has to go down in order to grow more.The same thing happens to gold too, and it doesn\t meant that has no value.Sometimes all we need to do is to have patience and take advantage  of the small price and buy more bitcoins! 

[azguard]

Cool down people,like any other value,bitcoin has to go down in order to grow more.The same thing happens to gold too, and it doesn\t meant that has no value.Sometimes all we need to do is to have patience and take advantage  of the small price and buy more bitcoins!  Wink

Same happens to everything else all stocks go down so that they can go up again

[thresher]

Well i'm staying here to clarify, just saying what I should have done, since btc has only continually decreased in value this year (other than a price spike for a day or two here and there)

All I see is down and down, we couldn't even break into 6s during the last rally.
If bitcoin isn't valuable then why use it instead of a new coin that doesn't have a few powerful people that all ready control all of it?
Thinking of cashing out all my BTC and going to vegas for an expensive weekend

Yes, please do that.  I'm so sick of all the newbie's here and all their panic threads everytime Bitcoin moves a few %.

Smart attitude, try to drive away new people so bitcoin doesn't grow.  I actual started with btc late November, so while that isn't long in the real world, in the world of crypto's I've been through plenty of shit.
Back then btc could actually rebound, today if you think people are going to be interested in btc or altcoins when it only goes down in value then your out of your mind.  Noone new gives a shit that someone bought btc for a dollar, people care what it will do for them. 

[tonto]

Other 'better' altcoins do exist, but it'll be years and years before their popularity will reach that of bitcoin, they also have no place in the public eye (which means businesses are much less likely to adopt them).

The alt coins (except maybe the exception of name coin) don't contribute anything but confusion.  Altcoins should have been introduced years later once people are OK with the concept of crypto coins in everyday life.

[pdawg]

This "bitcoin going down" topics are starting to get irritating as a fucking mosquito on the picnic.

I suspect there will be less of those posting at the end of the year 

[cococoin]

Please sell all of your bitcoins to someone that is not as concerned about the price. You will sleep better at night with one less thing to worry about.

Buy, sell ...speculation without someone that use them in real economy.
Price was up because of chinese using them for their utility. If we only have speculation, we have the results that we are seeing.

But why should we use bitcoins/cryptoc. in our life if we already have our money!?

[dmeter]

baying BTC only from chinese, fair price 1 BTC=4$

[Bit_Happy]

Yes it is clearly finished.
Sell all your BTC and head to Vegas ASAP.

[newnexo]

Please sell all of your bitcoins to someone that is not as concerned about the price. You will sleep better at night with one less thing to worry about.

If so, indeed. Now the situation has entered a trough.

Wouldn't it be nice if a few powerful people in the background could manipulate the exchange rate? As these people would do it only to create a nice entry point and then drive the rate up again, all we had to do is lean back an wait. Pity it's just humbug!

[liexel]

no no no no no. BTC is not finished. After the stock market crash of 1929, the stocks came back even stronger than ever. Bitcoin will revive itself eventually. At a low enough price, people will start buying a lot again and the price will start rallying north, then more people will buy, and we'll be over $1000 again.

+1

[mooncake]

If you notice, the hero members all advise the OP to sell everything.

That just shows the difference in the experience and the maturity.

[SportsBet]

If you notice, the hero members all advise the OP to sell everything.

That just shows the difference in the experience and the maturity.

Advice about selling everything right now if you entered at much higher price, is just crazy.
Advice to ditch bitcoin for altcoins that have "future" is even crazier.

[knightcoin]

for miners ...

what is high price ? in Silicon Valley ??