Bitcoin is slowly dying now, no more moon !

[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!