Final capitulation crash incoming, drop your bags & hope now!

[dropt]

The Bitcoin economy is saturated. User adoption has stagnated. Good news are priced in already. This high price is clearly unsustainable.
The $585 plateau might last for a couple of weeks or so, with small dips now and then. But by the end of the year, we'll see a substantially lower price, maybe somewhere in the 350-400 range. By the end of 2015, price will be sub-100.

The fad is over now, and even the best marketing geniuses can't help Bitcoin succeed. Willy the bot was crucial to the price and success of Bitcoin. To go to the moon or beyond, Bitcoin would need another Willy and another scammer of the Karpeles-type.

Oh, we have another winner on our hands.  Yes, end of 2015 we'll be at $100, sounds legit.  Do you have anything to back that up other than the stink left on your hand from pulling that shit out of your ass?

You should probably get started on your "Death of Bitcoin" article.

[dropt]

You see, dropt and marker88 and few others keep denying all these facts and still trying to fool people to buy more.
Fortunately, more and more responsible people can now see the incoming downfall of bitcoin!

LOL, you should take this comedy gold of yours on tour.

"$550 BY TOMORROW, OKAY MAYBE DAY AFTER. SCRATCH THAT -> NEXT WEEK, OH MAN IT'S DOWN 1%, SEE GUYS, BIG CRASH, TOLD YA!"

When in reality the price is up $10 from earlier this morning.

[falllling]

You see, dropt and marker88 and few others keep denying all these facts and still trying to fool people to buy more.
Fortunately, more and more responsible people can now see the incoming downfall of bitcoin!

LOL, you should take this comedy gold of yours on tour.

"$550 BY TOMORROW, OKAY MAYBE DAY AFTER. SCRATCH THAT -> NEXT WEEK, OH MAN IT'S DOWN 1%, SEE GUYS, BIG CRASH, TOLD YA!"

When in reality the price is up $10 from earlier this morning.

don't lie any more, we did have $555 at 31/07/2014, dropped from i don't know, may be $680? so there was a $125 21% drop

and of cause the market price trend is still going down, sell now or lose more later

[dropt]

don't lie any more, we did have $555 at 31/07/2014, dropped from i don't know, may be $680? so there was a $125 21% drop

Lie? That's rich, considering your failures.  You called for $550, not $555.  Further, you've got an interesting take on the English language if you consider the movement from $680 to where we are now a "drop".  More like slow uptrend forced down by periodioc dumping of large BTC lots.  Pretty sure we'd call this a slide in the rest of the world.  

and of cause the market price trend is still going down, sell now or lose more later

I'll hold just like I have been since single digits;  I've weathered better (and more respectable) bear trolls than yourself.

[maker88]

You see, dropt and marker88 and few others keep denying all these facts and still trying to fool people to buy more.
Fortunately, more and more responsible people can now see the incoming downfall of bitcoin!

LOL, you should take this comedy gold of yours on tour.

"$550 BY TOMORROW, OKAY MAYBE DAY AFTER. SCRATCH THAT -> NEXT WEEK, OH MAN IT'S DOWN 1%, SEE GUYS, BIG CRASH, TOLD YA!"

When in reality the price is up $10 from earlier this morning.

don't lie any more, we did have $555 at 31/07/2014, dropped from i don't know, may be $680? so there was a $125 21% drop

and of cause the market price trend is still going down, sell now or lose more later

By "the market price is still going down" do you mean it went from 555 to 625 and then down to 585? Wow looks like he's right everybody, it's crashing hard! We better all sell!

[Ayers]

on the contrary i think a big pump is coming, this is just vacation , you can't expect whales to pump in august come on..

[Octavius]

I do agree.

[poisenrang]

i see, end of BTC maybee?

[Chalkbot]

i see, end of BTC maybee?

Yep, that's the pattern that signals end.

[FUR11]

Even though everything's going pretty slowly and the price is stagnating and even going down constantly (even though slowly!) I don't necessarily see a big crash coming soon, either. There pressure from below seems to at least hold our current levels pretty well.

[dropt]

I do agree.

https://i.imgur.com/hFtyxAz.png

[Capt Drake]

i see, end of BTC maybee?

Yep, that's the pattern that signals end.

It seems that when everyone is saying "BTC is dead" kind of thing, it's the best opportunity to buy!

Look the previous bubble, BTC is dead in all foruns, then BOOM! 

[exocytosis]

your parent is fallling?? the same was said in 2013 when we were 100 usd, that the price was "unsustainable" ..

Past performance is not a guarantee of future returns. In 2013, Willy and Karpeles were still actively manipulating the price.
Bitcoin has matured since then, and the market is now saturated, more or less. Sometime this fall we might see a temporary price increase to $700, but we won't go much higher than that.

[dropt]

Past performance is not a guarantee of future returns. In 2013, Willy and Karpeles were still actively manipulating the price.
Bitcoin has matured since then, and the market is now saturated, more or less. Sometime this fall we might see a temporary price increase to $700 [...]

That's just, like, your opinion man.

Turns out that the "Willy bot" may actually have been a bot created by Mt. Gox for the Exante Fund.  How about that eh?

Personally I don't subscribe to the Willy bot BS.  I believe China led that train and lil' ol Willy had nothing to do with that.

[...] but we won't go much higher than that.

Until when?

Oh, and as for the part where state "market is now saturated"... Treating variables as constants in dangerous 

[Octavius]

Bitcoin has matured since then, and the market is now saturated, more or less. Sometime this fall we might see a temporary price increase to $700, but we won't go much higher than that.

It looks like the DotCom-bubble...

[dropt]

It looks like the DotCom-bubble...
http://www.todovaacambiar.com/wp-content/uploads/2010/12/Internet-bubble.gif

So Bitcoin has had one, no two, wait three, four dot-com bubbles now?  

So Octavius must be the next cosmofly/falllling account.  Thanks for the early heads up.

PS: The current Nasdaq CCMP is 4,355.05, over double what you show at the end of your little kid graph there.  Please try to keep up.

[InwardContour]

The crash won't happen simply because the value has already crashed, now we are at the start of a new rally waiting for the spark which will trigger the rise.

[Carra23]

i see, end of BTC maybee?

Yep, that's the pattern that signals end.

Sell everything!!

Can do with a crash now, starting to get bored again. A drop to 500 would work nicely for me, but I will take even a 550.

[Octavius]

So Bitcoin has had one, no two, wait three, four dot-com bubbles now? 

It also had many bubbles...

The dot-com bubble was a historic speculative bubble covering roughly 1997–2000 with a climax in 2000.

[Carra23]

So Bitcoin has had one, no two, wait three, four dot-com bubbles now? 

It also had many bubbles...

The dot-com bubble was a historic speculative bubble covering roughly 1997–2000 with a climax in 2000.

Bitcoin is like dot-com in fast forward mode. Events which used to take years to unfold happens in the matter of months or even weeks over here. Good thing too as everybody is so much more impatient these days.