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Author Topic: Bitcoin is slowly dying now, no more moon !  (Read 4999 times)
nomoonn (OP)
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July 08, 2014, 01:48:36 PM
 #1

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 !
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Asrael999
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July 08, 2014, 01:53:56 PM
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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
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July 08, 2014, 02:03:41 PM
 #3

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/
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July 08, 2014, 02:06:25 PM
 #4

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

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July 08, 2014, 02:09:30 PM
 #5

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

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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July 08, 2014, 02:10:23 PM
 #6

Stop replying!


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July 08, 2014, 02:20:44 PM
 #7

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.
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July 08, 2014, 02:24:10 PM
 #8

iiiignooooreeeee

Look inside yourself, and you will see that you are the bubble.
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July 08, 2014, 02:27:17 PM
 #9

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
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July 08, 2014, 02:49:14 PM
 #10

Stop feeding the troll

:]
Jean Bax
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July 08, 2014, 03:02:02 PM
 #11

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.
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July 08, 2014, 03:25:55 PM
 #12

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

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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July 08, 2014, 03:39:00 PM
 #13

iiiignooooreeeee

It would be nice if they brought back the color code on the "ignore" button.  :-)
Febo
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July 08, 2014, 03:50:25 PM
 #14

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.
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July 08, 2014, 03:52:29 PM
 #15

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.    

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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July 08, 2014, 04:39:04 PM
 #16

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.

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July 08, 2014, 04:48:47 PM
 #17

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.
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July 08, 2014, 06:30:53 PM
 #18

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.


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July 08, 2014, 07:52:47 PM
 #19

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...
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July 08, 2014, 08:42:27 PM
 #20

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

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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