Was Bitcoin actually just a Pump and Dump?

[BlindMayorBitcorn]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

If you don't have miners to process your transaction and bitcoin can't be sent to another address, then effectively it is dead.
I guess if it loses all its value, this will happen.

Hobbyists will be here to pick up the pieces. No big woop I reckon

[manselr]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

If you don't have miners to process your transaction and bitcoin can't be sent to another address, then effectively it is dead.
I guess if it loses all its value, this will happen.

Hobbyists will be here to pick up the pieces. No big woop I reckon

There are tons of sharks and big whales waiting for Bitcoin to crash real bad to get in real big. It's literally fail prooft.

[picolo]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

If you don't have miners to process your transaction and bitcoin can't be sent to another address, then effectively it is dead.
I guess if it loses all its value, this will happen.

Hobbyists will be here to pick up the pieces. No big woop I reckon

There are tons of sharks and big whales waiting for Bitcoin to crash real bad to get in real big. It's literally fail prooft.

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

[ninjask]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

If you don't have miners to process your transaction and bitcoin can't be sent to another address, then effectively it is dead.
I guess if it loses all its value, this will happen.

Hobbyists will be here to pick up the pieces. No big woop I reckon

There are tons of sharks and big whales waiting for Bitcoin to crash real bad to get in real big. It's literally fail prooft.

Whales don't need Bitcoin to crash to get in.
Money makes money, if you pick up a sock for 10 dollars and pump the price to 1100 dollars you doing good.
If you pickup a sock for 500 dollars and pump it to 10000 dollars you making more money by investing more money.
The downside would be to pickup a used sock, whales don't like to wear used socks.

[picolo]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

If you don't have miners to process your transaction and bitcoin can't be sent to another address, then effectively it is dead.
I guess if it loses all its value, this will happen.

Hobbyists will be here to pick up the pieces. No big woop I reckon

There are tons of sharks and big whales waiting for Bitcoin to crash real bad to get in real big. It's literally fail prooft.

Whales don't need Bitcoin to crash to get in.
Money makes money, if you pick up a sock for 10 dollars and pump the price to 1100 dollars you doing good.
If you pickup a sock for 500 dollars and pump it to 10000 dollars you making more money by investing more money.
The downside would be to pickup a used sock, whales don't like to wear used socks.

If you think Bitcoin is going to be huge soon, you will buy some. Just 200k-500k$ as some kind of insurance.

[gkv9]

Whales don't need Bitcoin to crash to get in.
Money makes money, if you pick up a sock for 10 dollars and pump the price to 1100 dollars you doing good.
If you pickup a sock for 500 dollars and pump it to 10000 dollars you making more money by investing more money.
The downside would be to pickup a used sock, whales don't like to wear used socks.

Seems you have a lot of experience in cryptoness... You a whale yourself or what, sharing their thoughts?

[panju1]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

[ninjask]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

Very well said.
Never like a coin more than you like yourself.

[ndnh]

No ..bitcoin is here to stay

That is true, Bitcoin will be around forever, no doubt.
Even if it looses all its value  will still be around.

Yeah, it will be there forever.

Years may come and Years may go,
But Bitcoin goes on forever.

I don't think it is likely to lose "all" its value. Max I can expect, being very pessimistic is around $100. Still, it will survive. Honestly, I will buy a few if price drops that low, So will many.

[botany]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

Very well said.
Never like a coin more than you like yourself.

Some people's lives revolved around bitcoin these days.
I am one of them.

[picolo]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

Very well said.
Never like a coin more than you like yourself.

Some people's lives revolved around bitcoin these days.
I am one of them.

So many businesses have been built around Bitcoin this year and the sales in Bitcoin are much higher than anytime before so it is very bullish for Bitcoin and its price.

[ninjaskip]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

Very well said.
Never like a coin more than you like yourself.

Some people's lives revolved around bitcoin these days.
I am one of them.

So many businesses have been built around Bitcoin this year and the sales in Bitcoin are much higher than anytime before so it is very bullish for Bitcoin and its price.

Sorry for them 

[picolo]

It would be dangerous to wait for the price to crash if you think Bitcoin is a great technology and will rise in price because you risk of missing the train!

The 2 human emotions that drive the price of any asset class - fear and greed. Fear that you will miss out on the great bull run and greed that the bull run could take bitcoin to the moon.
You will have to sit down and think about the factors affecting bitcoin's current price.

Very well said.
Never like a coin more than you like yourself.

Some people's lives revolved around bitcoin these days.
I am one of them.

So many businesses have been built around Bitcoin this year and the sales in Bitcoin are much higher than anytime before so it is very bullish for Bitcoin and its price.

Sorry for them 

Bitcoin's price is 340$ and now it failed? If it failed the price would be sub 10$

[fewcoins]

^ This is why my team and I are buying full speed ahead... Dumps used to bring us down $100's of dollars now its $20~
Which is basically barely a drop anyway! 

[carlosiness]

i believe no, it gave new thought about new currency and independence..

[fewcoins]

One day we will be free from the central banking fraudsters... Hopefully bitcoin is that way!

[jacktheking]

I dont agree with thread starter. However, I agree with those who say Bitcoin will continue. Seeing this active forums, market and developers, I'm sure Bitcoin will reach $1000 (again) sometime in 2015.

[rexs]

I dont agree with thread starter. However, I agree with those who say Bitcoin will continue. Seeing this active forums, market and developers, I'm sure Bitcoin will reach $1000 (again) sometime in 2015.

When

[picolo]

I dont agree with thread starter. However, I agree with those who say Bitcoin will continue. Seeing this active forums, market and developers, I'm sure Bitcoin will reach $1000 (again) sometime in 2015.

It will and Bitcoin seems like a safe heaven compared to the USD YEN and EURO that are likely to loose value overtime.

[jacktheking]

I dont agree with thread starter. However, I agree with those who say Bitcoin will continue. Seeing this active forums, market and developers, I'm sure Bitcoin will reach $1000 (again) sometime in 2015.

When

Sometime in early 2015, before June..

I dont agree with thread starter. However, I agree with those who say Bitcoin will continue. Seeing this active forums, market and developers, I'm sure Bitcoin will reach $1000 (again) sometime in 2015.

It will and Bitcoin seems like a safe heaven compared to the USD YEN and EURO that are likely to loose value overtime.

Yes, I agree.