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Benjig
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August 13, 2014, 05:45:38 AM
Last edit: August 14, 2014, 04:44:40 AM by Benjig |
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YAY, cheap coins before the end of year reborn!
I love it.
go ahead, $0.000001 bitcoin are all yours, Congratulations! Lol i want $0.025 coins not those  the price originally on mt gox.. actually if the price crashed i dont think it can go below 50 even with the most bad news outhere. |
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falllling (OP)
Member
 Offline
Activity: 112
Merit: 10
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August 13, 2014, 05:51:22 AM |
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YAY, cheap coins before the end of year reborn!
I love it.
go ahead, $0.000001 bitcoin are all yours, Congratulations! Lol i want $0.025 coins not those the price originally on mt gox bitcoin used to be free, you get them as free gift if you / register at some forums / advertise it at your blog / play games / chat with miners / click at some webpages / ... remember the 10k bitcoin pizza? nothing will change if bitcoin drops back to $0.000001 or free, no matter you still want to buy them or not, it would be useless and worthless again |
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Mobius
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August 13, 2014, 05:51:34 AM |
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Well it does seem like there's finally some action. Unfortunately the price is going the wrong way and I don't see any news about why. Alt coin holders are saying their coins are dropping more though.
Alts are flat out getting pummeled. Of course, there isn't any kind of agreed-upon index, but based on some concepts I've been messing around with, if you subtract out BTC and LTC, the rest of the alt market is down 20-30% over the last week. Right now, TOTAL crypto market cap is 7.905 billion. BTC and LTC make up more than $7.6 billion. EVERYTHING else combined...hundreds of alts, don't combine to make $300mm in cap. That is partly due to 3 big IPOs running atm. Ethereum, StorJ and Syscoin. There are some people claiming it's because of those IPOs, but wouldn't that just dry out the supply? It would only crash the market if those coins got sold by the people behind those IPOs, and the Ethereum coins haven't moved so far, have they? Many people have all their BTC locked up in alts, so to participate in an IPO they sell their coins to get BTC. Thus creating downward pressure. I don't think many people have their BTC locked up in altcoins as the market cap for all alts is very small when compared to BTC. I also think this would be an inaccurate statement as prices of alts are very unstable so, in terms of BTC their value can drop significantly. |
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Octavius
Member
Offline
Activity: 107
Merit: 10
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August 13, 2014, 12:09:08 PM |
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Hfleer
Sr. Member
Offline
Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 13, 2014, 08:00:27 PM |
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Well it does seem like there's finally some action. Unfortunately the price is going the wrong way and I don't see any news about why. Alt coin holders are saying their coins are dropping more though.
Alts are flat out getting pummeled. Of course, there isn't any kind of agreed-upon index, but based on some concepts I've been messing around with, if you subtract out BTC and LTC, the rest of the alt market is down 20-30% over the last week. Right now, TOTAL crypto market cap is 7.905 billion. BTC and LTC make up more than $7.6 billion. EVERYTHING else combined...hundreds of alts, don't combine to make $300mm in cap. That is partly due to 3 big IPOs running atm. Ethereum, StorJ and Syscoin. There are some people claiming it's because of those IPOs, but wouldn't that just dry out the supply? It would only crash the market if those coins got sold by the people behind those IPOs, and the Ethereum coins haven't moved so far, have they? Many people have all their BTC locked up in alts, so to participate in an IPO they sell their coins to get BTC. Thus creating downward pressure. I don't think many people have their BTC locked up in altcoins as the market cap for all alts is very small when compared to BTC. I also think this would be an inaccurate statement as prices of alts are very unstable so, in terms of BTC their value can drop significantly. My statement was completely irrelevant apparently. I thought this thread was about the downfall of alts  I posted in 2 threads and mixed them up! Sorry guys. |
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wachtwoord
Legendary
Offline
Activity: 2324
Merit: 1125
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August 13, 2014, 08:07:57 PM |
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YAY, cheap coins before the end of year reborn!
I love it.
go ahead, $0.000001 bitcoin are all yours, Congratulations! Lol i want $0.025 coins not those the price originally on mt gox bitcoin used to be free, you get them as free gift if you / register at some forums / advertise it at your blog / play games / chat with miners / click at some webpages / ... remember the 10k bitcoin pizza? nothing will change if bitcoin drops back to $0.000001 or free, no matter you still want to buy them or not, it would be useless and worthless again I don't think you remember the 10k pizza. You just looked it up. |
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hellscabane
Legendary
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Activity: 896
Merit: 1000
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August 13, 2014, 08:16:04 PM |
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YAY, cheap coins before the end of year reborn!
I love it.
go ahead, $0.000001 bitcoin are all yours, Congratulations! Lol i want $0.025 coins not those the price originally on mt gox bitcoin used to be free, you get them as free gift if you / register at some forums / advertise it at your blog / play games / chat with miners / click at some webpages / ... remember the 10k bitcoin pizza? nothing will change if bitcoin drops back to $0.000001 or free, no matter you still want to buy them or not, it would be useless and worthless again Such a fascinating understanding of market principles. Can I pay you one BTC to teach me of your knowledged ways? Actually, in the long run that means I'll be giving you nothing...How about you just teach me of your knowledged for free? |
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dropt
Legendary
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Activity: 1512
Merit: 1000
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August 13, 2014, 08:21:14 PM |
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Benjig
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August 13, 2014, 11:21:42 PM |
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YAY, cheap coins before the end of year reborn!
I love it.
go ahead, $0.000001 bitcoin are all yours, Congratulations! Lol i want $0.025 coins not those the price originally on mt gox bitcoin used to be free, you get them as free gift if you / register at some forums / advertise it at your blog / play games / chat with miners / click at some webpages / ... remember the 10k bitcoin pizza? nothing will change if bitcoin drops back to $0.000001 or free, no matter you still want to buy them or not, it would be useless and worthless again So you must have tons of bitcoins if you lived that times.. or you sold all of them at 100 usd and thats why you are buthurt |
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Cranky4u
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August 13, 2014, 11:38:31 PM |
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If you are truely shitting your pants over this, I will consider buying your near worthless BTC for penny in the dollar...1BTC = $0.01
I await your PM
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Hfleer
Sr. Member
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Activity: 448
Merit: 250
Changing avatars is currently not possible.
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August 14, 2014, 07:22:34 PM |
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If you are truely shitting your pants over this, I will consider buying your near worthless BTC for penny in the dollar...1BTC = $0.01
I await your PM
Too bad that those butthurt BTC flamer don't really hold any BTC and only FUD because of FOMO (fear of missing out) |
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falllling (OP)
Member
Offline
Activity: 112
Merit: 10
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August 18, 2014, 11:05:41 AM |
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BitCoinNutJob
Legendary
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Activity: 1316
Merit: 1000
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August 19, 2014, 10:17:27 AM |
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 This is a clear bitcoin PP technical move, surprised most of you guys havent spotted it yet haha what did i tell u guys? |
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