Can't stop Bitcoin from dropping down?

[innocent93]

Some predict that Bitcoin will continue to fall down
And looks like there's nothing can push up the price.

[mintodev]

The Only way, it can be increased is when the chinese people are back into the game. You will see how the price will be increased.

[fr33d0miz3r]

The Only way, it can be increased is when the chinese people are back into the game. You will see how the price will be increased.

But the Chinese won't come back into the game anytime soon...

[innocent93]

The Only way, it can be increased is when the chinese people are back into the game. You will see how the price will be increased.

But the Chinese won't come back into the game anytime soon...

Actually I am a Chinese and you're right many people dropped out and they won't come back.

[TERA]

We need new exchanges and fresh fiat. It doesn't have to be Chinese.

[counter]

We need new exchanges and fresh fiat. It doesn't have to be Chinese.

I agree the real reason for me for the stagnation is that the exchanges are making things this way.  I've been reading lots of negative things about exchanges with bad business practices and this is the kind of thing that leads to a fall in price IMO.

[freequant]

Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.

[TERA]

Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.

Right. I could see Bitcoin in an encyclopedia:  "The very first decentralized cryptocurrency. It wasn't like the currencies you may know today, such as Cosmos. It took at least 10 minutes to do a transfer, the client took 10GB of disk space, and the network consumed massive amounts of energy resources, relying on a brute force approach to security."

[fr33d0miz3r]

Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.

Right. I could see Bitcoin in an encyclopedia:  "The very first decentralized cryptocurrency. It wasn't like the currencies you may know today, such as Cosmos. It took at least 10 minutes to do a transfer, the client took 10GB of disk space, and the network consumed massive amounts of energy resources, relying on a brute force approach to security."

Cosmos? 

[Elwar]

The Only way, it can be increased is when the chinese people are back into the game. You will see how the price will be increased.

We definitely need to wait for the Chinese to get back into the game so they aren't left behind for the world's new currency.

It's only fair.

[lonely@thetop]

The Only way, it can be increased is when the chinese people are back into the game. You will see how the price will be increased.

We definitely need to wait for the Chinese to get back into the game so they aren't left behind for the world's new currency.

It's only fair.

What is preventing them from getting back in now?

[BusyBeaverHP]

Why talk about the Chinese when we can talk about US exchanges opening and Wall Street flooding in?

[TERA]

Why talk about the Chinese when we can talk about US exchanges opening and Wall Street flooding in?

People hate China but know the power it has when it is in so they still want it - they want that easy fast powerful rush, so they can get their rally NOW, even if it falls apart again later. It's like a Chinese opium addiction.

[fibonacho]

if wallstreet gets in you can be sure everyone else will be locked out. Jpmorgans patent on "Method and system for processing internet payments using the electronic funds transfer network" at end of 2013 is hilarious. id rather it was done on here..

[poelling92]

Why talk about the Chinese when we can talk about US exchanges opening and Wall Street flooding in?

Still waiting for fair US exchange start up, probably it is taking so long because so shaddy area.

[counter]

The stagnation could continue if you ask me but It won't last long term.  So much going on with BTC that I'd suspect things to pick up in the next few months.

[Hyena]

Maybe investing into Pandacoin would be a good idea then?

[Mervyn_Pumpkinhead]

Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.

Right. I could see Bitcoin in an encyclopedia:  "The very first decentralized cryptocurrency. It wasn't like the currencies you may know today, such as Cosmos. It took at least 10 minutes to do a transfer, the client took 10GB of disk space, and the network consumed massive amounts of energy resources, relying on a brute force approach to security."

It brings a tear to my eye, that some people here are actually starting to get it.
This is a part of the natural life cycle of technology:

[lynn_402]

Bitcoin was the first prototype of a cryptocurrency but as time passes, it is slowly but surely losing its hegemony.
This was maybe the last bubble targeting specifically Bitcoin.
Next bubbles will increasingly push next generation coins to the forefront.
As for China, it won't come back through Bitcoin, but maybe new designs that play better with fiat can help reopening the flood gate.

Right. I could see Bitcoin in an encyclopedia:  "The very first decentralized cryptocurrency. It wasn't like the currencies you may know today, such as Cosmos. It took at least 10 minutes to do a transfer, the client took 10GB of disk space, and the network consumed massive amounts of energy resources, relying on a brute force approach to security."

I'll get flamed for this, but I have to say Peercoin's blockchain is below 300mb after a year and a half, and PoS makes it pretty much immune to 51% attacks while requiring very few ressource.

Just sayin'. Carry on.

[Ayers]

The stagnation could continue if you ask me but It won't last long term.  So much going on with BTC that I'd suspect things to pick up in the next few months.

yeah me too, i suspect a very big rise this summer