Why did bitcoin failed?

[pork pie]

LOL thread.

Wow, let's see.We have drugs, kiddie porn, terrorism and money laundry.

As FUD goes that's pretty old school. Reminds me of early 2013, not late 2014.

C'mon, you can do better than that.

Pretty lame trolling if you ask me.

Have you considered cannibalism or necrophilia? Be creative!

Terrorist using bitcoin to buy nuclear weapons. The nuclear weapons bit is fairly creative, but I doubt anyone's selling them. In addition, you would probably need more than bitcoin's full market cap of $ 6,404,161,520 to buy even one nuclear weapon.

[JimboToronto]

you would probably need more than bitcoin's full market cap of $ 6,404,161,520 to buy even one nuclear weapon.

True, but there are cheaper weapons of mass destruction available aren't there?

How about being really creative and suggesting the use of scopolamine to turn the masses into sycophantic obedient zombies?

The stuff's so cheap it grows on trees.

 

[Wilhelm]

Let's state that the Nazis will take over using bitcoin to adhere to Godwin's law

[STT]

Most traded currency for major drug deals ?  That would be dollars and so on for every crime you can think of.  The largest source of liquidity and available easy distribution and liquidation for criminal assets is of course the dollar, as many millions count as very little in the background of such great usage

[grappa_barricata]

Fiat banknotes contain cocaine.

[btcxyzzz]

I just want to say one plain "fuck you" to OP. Thanks for your attention.

[Zeta0S]

Bitcoin just hit 3200 euro this night..




http://www.bitcoinupdate.nl/home/bitcoin-steeg-vannacht-naar-3200-euro

[piramida]

More than amount of really stupid trolls on that forum, what surprises me is amount of people who feel they need to argue with really stupid trolls. Is it easy to make an argument against somebody who is stupid? Do you play chess with retarded people? Just leave him be, maybe help him cross a road.

Here's a little theory of mine - there are what, 7 billion people out there? About 6 billion live below poverty line. So it will get much worse that it is now, as the world discovers bitcoin, there will be a billion-trolls wanting to buy at least some part of it, but without financial ability to buy any substantial amount they will be bashing and screaming and cursing and attacking owners. Be ready. It is not communism, so there will be many, many bitcoin poor.

[MasterCasino]

Clearly, bitcoin being used to buy illegal things (like, ahem, legal currency), and the price of bitcoin going down, are indications that bitcoin has indeed failed. You, sir, win a cookie.

 

HA! this one is epic. What does he think? Minor drop means failure? Let us just believe what bitcoin can do. Maybe back to $500 by the end of this month? What do you think?

[minerpumpkin]

I'm just posting here, so reasonable people don't fall for this FUD... Bitcoin didn't fail. Take a look at long term logarithmic charts and you'll realize that. We're merely still in a consolidation phase!

[Itsumo]

FAIL? Are you blind. Please check your facts before you post.

[Zeta0S]

FAIL? Are you blind. Please check your facts before you post.

Yeah, bitcoin hit 3200 euro 

[counter]

Wow I was expecting a punchline like a "why the chicken crossing the road" joke but I guess the title was funny enough anyway, haha! 

Seriously though, the price declined because people lost faith in their investment, weak hands sold and speculators went on vacation simple as that.  This all lead to a long period of stagnation and cheap priced Bitcoins. The real news is that threw all the beartroll's and fud the price is holding like a boss..

Soon there will be know where else to go but up and post like this will be laughed and ridiculed.  The posters like you will be ashamed to log in and the true believers will be celebrating all the cheap coins they got thanks to people like you.   

[ElectricMucus]

I still do not even now understand why people seem to think bitcoin has in actual fact failed just because the price is still at a low right now. When bitcoin fails it will take more than just a price drop to make people realise it has, this is something that will eventually change and does not prove that bitcoin has failed.

As a get-rich-quick scheme it is arguable that it has failed  

For some people it did. Lookup artforz or Vladimir. They'll be dumping for a long time.

[lightningmccoin]

Why are you saying that bitcoin failed? Is the bitcoin over? I think it is still worth well over $450 right now. Then why is it over?

[w4ssop]

Bitcoin is still on the road to be one of the most important innovations of the last 50 years.

[MrBtcSenior]

Why are you saying that bitcoin failed? Is the bitcoin over? I think it is still worth well over $450 right now. Then why is it over?

Probably he is a bearish troll like many users here, bitcoin didn't fail at all.

[RobFordWotWot]

Bitcoin is being used to fund gay, necrophiliac bird rape.. research (which disproves typical non-gender binary assertions)

The strange case of the homosexual necrophiliac duck pushed out the boundaries of knowledge in a rather improbable way when it was recorded by Dutch researcher Kees Moeliker.

It may have ruffled a few feathers, but it earned him the coveted Ig Nobel prize for biology awarded for improbable research... Moeliker has published his findings for free with the option of donation through the new digital currency: Bitcoin.

http://www.chm.bris.ac.uk/sillymolecules/papers/duck.pdf

 

[EricTyle]

sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

I highly doubt any FUD posted on speculation would move the price in a significant manner.

[Wilhelm]

sometimes i wonder if poeple really are that dumb, or they just post shit like this to further push bearish sentiment so they can buy lower... its hard to believe anyone could be this stupid, so i'm gonna go with trolling to get the price lower.

I highly doubt any FUD posted on speculation would move the price in a significant manner.

Maybe it's the lack of falllling posts that is bringing down BTC