Seriously? "BTC IS DYING". /diss

[MichaelBliss]

If I thought that btc was dead, and it was time to get out, the last thing I would do is go on the forums to announce that and tell other people to sell as well.   The only reason to scare people would be to attempt to drive the price down.   Bitcoin investors seem to be extremely prone to emotional selling, probably because many of them are here to make a quick buck and really have no idea what they are buying into!  It's like any other stock to them, and you can see that in their reasoning and predictions based on old school chartism and such.

[flyingcatt]

They are just trying to shake weako hands then enjoy the uptrend again. Do not hold or regret 10 years from now, print this and put it in your wall.

[wenben]

Bitcoin is coming back strong and alive. Heading toward 510 and possibly higher.

[KeyserSozeMC]

What's wrong with all those people making threads as: "BTC IS DYING", "BTC WILL FAIL", etc, etc?

They think that they will spread fear and newbies or other ranked members will dump coins, so they buy cheaper?

I really don't get it. I consider that as spam, guess other people will agree on that. It's just useless post count farming.
They're not succeeding anything. It's just waste of disk space.

/diss

Nah, more like panic selling and fear.... remember what warren buffet says?

Don't buy when there's fear, panic and blood on streets, because your hands will be bloody?

[meadefreling]

What's wrong with all those people making threads as: "BTC IS DYING", "BTC WILL FAIL", etc, etc?

They think that they will spread fear and newbies or other ranked members will dump coins, so they buy cheaper?

I really don't get it. I consider that as spam, guess other people will agree on that. It's just useless post count farming.
They're not succeeding anything. It's just waste of disk space.

/diss

They want to make you panic so they can buy your coins cheap.

Let's say I'm a newbie.

What do you think, how many BTC will I dump? 10, 20? - Fractions which wont even affect the price by 2 cents.

People who own amounts of BTC aren't easy manipulative. So, still. What's the point of those threads?

Some people are actually panicking right now. They invested way to much believing they'd see a moon, and each time it fell they kept buying more. This is the final despair zone for most since they shouldn't have bought in as much as they did. Look around, people are in despair all over the web. It is not just isolated to BTC talk.




Now, if you look at this chart you can see I included "Bitcoin is dead" as being the bear trap. The problem is the length of it and the true bottom are not going to be easy to find. We may stay here for weeks. Who know, but usually right after bubbles people are still optimistic. It isn't until a few crashes that people panic.

Bitcoin is not dying but reacting to the forces of demand and supply, nice graph though

[montello]

Bitcoin is not dying but pull back for a greater leap to a greater price, BTC to $1000 by the end of September.

[cctvnomad]

btc could have decreased.

but will not dead. because bitcoin have more users than 1 million. maybe