Bitcoin is slowly dying now, no more moon !

[nomoonn]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

[Asrael999]

Yes bitcoin is dying because it the infrastructure around bitcoin is being invested in, and it is being used to do transactions.
Well done - top of class go you.

Short much?

[the_sunship]

Interesting that this article was written almost exactly one year ago.

Price was around $76


http://www.forbes.com/sites/quora/2013/07/12/is-bitcoin-crashing-as-of-early-july-2013/

[yogi]

Please try harder OP, I want to buy some cheap bitcoins too.

[RodeoX]

Oh great. Another newbie has pronounced bitcoin dead. That makes 12,472 fails to date!

[Krabby]

Stop replying!

[Febo]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

lol what costs and what cut loses.
When Satoshi will start getting bored with bitcoin and will try t sell it, you will hardly see the price, will be so small. But he cant have any need to recover or cut losses.

[Ibian]

iiiignooooreeeee

[btcbeliever]

Interesting that this article was written almost exactly one year ago.

Price was around $76


http://www.forbes.com/sites/quora/2013/07/12/is-bitcoin-crashing-as-of-early-july-2013/

that's a great article; and concise as well.  thanks for posting it.

[djangocoin]

Stop feeding the troll

[Jean Bax]

I really don't understand why some peoples think it's dying when the price is going down. Bitcoin is stronger than he ever was at the moment.
It's not the altcoin market here.

If you really think BTC is dying just sell all and don't come back.

[sgbett]

This is the choppy grind up. Nothing to see here.

[cr1776]

iiiignooooreeeee

It would be nice if they brought back the color code on the "ignore" button.  :-)

[Febo]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

I saw the moon last night, but now you are right it is not there. Will have to wait till it is getting dark again.

[RodeoX]

I really don't understand why some peoples think it's dying when the price is going down. Bitcoin is stronger than he ever was at the moment.
It's not the altcoin market here.

If you really think BTC is dying just sell all and don't come back.

I doubt the OP believes anything of the sort. I bet he created this second account because he knows better. It's just another of the million weak attempts to drive the price down a few bucks for a quick profit. As ridiculous as it sounds, it sometimes works. It is especially effective against the bitcoin "investor". Many people buy some bitcoin to take them to the moon. They don't understand what they have bought, or know about the price fluctuation pattern in bitcoin. When the price drops 20% and they see that "bitcoin is dying!!!!!" they panic sell at a loss.
And who is there with a funded account ready to buy? Why the FUDster of course. The next day the price goes back up and the FUDster sells. This has been going on since maybe 3rd. quarter 2012. Don't be a fool and think someone else knows something you do not.    

[haploid23]

Lets be smart here. OP is a shill account for another member on here. No one makes a brand new forum account to post that, then never comes back. When you try to argue with him, it just bumps the thread back up.

[btcbeliever]

Every post on this thread has refuted the original poster, so far anyways, some quite eloquently.  So I would say the OP's original purpose was effectively subverted.

[wobber]

It may be the case that we're now slowly go up to 630 and start accelerating to 650 with an immediate target of >700. If this happens, we might get interesting prices by August.

[Skele]

It may be the case that we're now slowly go up to 630 and start accelerating to 650 with an immediate target of >700. If this happens, we might get interesting prices by August.

But what if Bitcoin crashes because of this:

https://bitcointalk.org/index.php?topic=681136.msg7727557#msg7727557

Then a huge pump will happen...

[ArticMine]

Interesting that this article was written almost exactly one year ago.

Price was around $76


http://www.forbes.com/sites/quora/2013/07/12/is-bitcoin-crashing-as-of-early-july-2013/

We can do better than that. Here is a "Bitcoin is dying" article from November 2011 http://www.wired.com/2011/11/mf_bitcoin/

Price was around $2.30

[vuduchyld]

Interesting that this article was written almost exactly one year ago.

Price was around $76


http://www.forbes.com/sites/quora/2013/07/12/is-bitcoin-crashing-as-of-early-july-2013/

We can do better than that. Here is a "Bitcoin is dying" article from November 2011 http://www.wired.com/2011/11/mf_bitcoin/

Price was around $2.30

Hope it keeps "dying" to the tune of yet another 139-fold increase in value to a little more than $86,000.  Die bitcoin, die.

[maker88]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

by 'recover cost' do you mean 'take profits'? cuz the early buyers paid like pennies for those coins. maybe a few dollars, i doubt they've been sweating the overhead while they got filthy rich by just waiting around.

[trackermut]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

by 'recover cost' do you mean 'take profits'? cuz the early buyers paid like pennies for those coins. maybe a few dollars, i doubt they've been sweating the overhead while they got filthy rich by just waiting around.

Half as filthy rich as they were in December, don't make it easy for the trolls.

[piramida]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

by 'recover cost' do you mean 'take profits'? cuz the early buyers paid like pennies for those coins. maybe a few dollars, i doubt they've been sweating the overhead while they got filthy rich by just waiting around.

Half as filthy rich as they were in December, don't make it easy for the trolls.

filthy rich does not have gradations. you either are or you are not. we still are. little filthier in december? nah

[seleme]

Oh great. Another newbie has pronounced bitcoin dead. That makes 12,472 fails to date!

Not newbie, of course. Some sad fuck we all know for sure.

[Buffer Overflow]

One of those desperate dogecoin bagholders know doubt.

[Bagatell]

iiiignooooreeeee

It would be nice if they brought back the color code on the "ignore" button.  :-)

+1

[sgbett]

I bought a million doge. Not because I think they will be worth anything, but just because I wanted to have a million of them. I've put them in a nice bag. Should I have doubt?

[Ilsk]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

Nice nick

[Malin Keshar]

$50 in price: moon topics, people saying bitcoin will conquer the world and take over all banks, everyone saying that they all knew bitcoin would survive and thrive.

$30 in price: bitcoin is slowly dying topics, no moon, bitcoin is dead, where is my mon topics.



Why is this so predictable?

[Buffer Overflow]

I bought a million doge. Not because I think they will be worth anything, but just because I wanted to have a million of them. I've put them in a nice bag. Should I have doubt?

Only you can decide that. If you need direction, maybe read the writing on the wall.

[spazzdla]

I bought a million doge. Not because I think they will be worth anything, but just because I wanted to have a million of them. I've put them in a nice bag. Should I have doubt?

LMAO, I did this... I wanted to be a millionare of something of decent value.  On the bright side, doge is up like 20%.

[Benjig]

Haha slowly diying? the same was said in 2011 and 2013, it always recover from ashes. i dont recommend to sell at this point

[trader001]

Still looking strong fundamentally.

[ThomasCrowne]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

I'll pay you 5% above your posted rate for as many coins as chu wanna do.

Offer valid for 24 hours only

[CryptInvest]

You are overly pessimistic. Still grow to the moon, when the capitalization grow, and it's not far.

[wobber]

You are overly pessimistic. Still grow to the moon, when the capitalization grow, and it's not far.

We cannot go to the moon. For example, Apollo program required 24 billion USD in 1969 to land people on the moon.

quote from http://en.wikipedia.org/wiki/Apollo_program

Landing men on the Moon by the end of 1969 required the most sudden burst of technological creativity, and the largest commitment of resources (USD$24 billion) ever made by any nation in peacetime.

Adjusting 1969 USD to 2014 USD, we get:

$157,554,253,521.12
Annual Inflation: 4.27%
Total Inflation: 556.48%
Source: http://www.dollartimes.com/inflation/inflation.php

We have 13M BTC mined (including lost ones) so we would get a price of 12,119 USD per coin. Not exactly moon...

[DubFX]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

You will be crying that you dumped your coins, as we will be waving on you from the moon

[Bagatell]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

You will be crying that you dumped your coins, as we will be waving on you from the moon

I'll be mooning from the moon 

[smoothie]

Yes no more moon....


We are headed for the milky way!

[lay785]

The "walls" are manipulating the market so some whales can buy cheap bitcoins from people who panic. so far its working.......

[efreeti]

Yes no more moon....


We are headed for the milky way!

The moon has fallen to the ground.

[ThatDGuy]

The "walls" are manipulating the market so some whales can buy cheap bitcoins from people who panic. so far its working.......

Bitcoin.  Bitcoin never changes.

[theonewhowaskazu]

[marcoman22]

BTC is no way dying but  same old FUD only for noobs.

[CryptInvest]

Oh yes, everything will be there soon!

[ThomasCrowne]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

Currently $631.89 on bitstamp.

Really doubt we will be seeing $500 again...ever

[maker88]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

Currently $631.89 on bitstamp.

Really doubt we will be seeing $500 again...ever

i agree. the few times we tested sub 550 i bought more because the trendline support is around 600 now. going to take quite the panic to get back under the 550 mark i think

[smoothie]

Early buyers / adopters / venture capital firms are spending their bitcoins so hard to recover the cost or cut loose these days,

expedia / newegg / ... are also dumping so many bitcoins on multiple exchange markets

The price is dropping to $500 !

Price could touch $500 but it wont stay there for long. Sounds like you are desperate to convince people to sell lol....short much? lol

[Kimowa]

Just a temporary slowdown and drop, need to wait for a positive news and its alive again...