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Author Topic: The BTC market is becoming like the alt pump and dump game  (Read 4002 times)
fewcoins
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October 17, 2014, 07:35:22 PM
 #41

This is a slow correction....... look out belowww
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damiano
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October 19, 2014, 04:21:38 AM
 #42

I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

How embarrassing
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October 19, 2014, 10:13:31 AM
 #43

I also think we may hit below $200 in 2015 when there is a more widespread usage for the coin rather than speculation.
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October 19, 2014, 10:18:57 AM
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because tomorrow is monday
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October 19, 2014, 04:32:41 PM
 #45

I predicted all of this. Read my latest posts.

Sub 250 coming by Monday. Mark my words.

How embarrassing

People remember only their successful predictions. Selective amnesia.  Grin
pereira4
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October 19, 2014, 06:05:06 PM
 #46

280 one day, 350 a few days later, now heading back into the 300s?

This is the kind of stuff that gets us made fun of in the mainstream news.

What the fuck do you expect tho? It's Bitcoin. Since when has Bitcoin ever been known for it's price stability? serioulsy, one of the most famous gifs it's the rollercoaster one.
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October 20, 2014, 07:55:07 AM
 #47

I also think we may hit below $200 in 2015 when there is a more widespread usage for the coin rather than speculation.

i don't think so, we will float around this value or 500 area for 2015
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October 20, 2014, 01:37:12 PM
 #48

Date Registered:   January 21, 2014, 09:02:06 AM


^^ This is why this post thread exists.

My date registered is a bit later, but I still feel there is a core point of technology that still hasn't been fully realized.  I work in technology, and this is still new to people like me.  This is a long play, even if it isn't Bitcoin that makes it happen.  Crypto is here to stay, and that idea will only grow with time.

That's effectively my stance.  Bitcoin as a currency is incredibly interesting, but in my opinion not nearly as interesting as the decentralized network upon which it operates.

My only point in referencing the registration date of the OP is only to highlight that this type of volatility is nothing new, and we've ebbed and flowed through these cycles before.  To say that Bitcoin is "becoming" like a pump-and-dump blah blah blah is a statement cast from a more narrow range of experience.

But without the currency (the value!) the decentralized ledger won't operate properly as there won't be an incentive.
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