Bitcoin is dead? 350$ :(

[DeadCoin]

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

The same will happen in the USA and in Europe.

People changing from fiat to Bitcoin to avoid losing purchasing power.

Ruble lost 50% of purchasing power this year, while bitcoin lost 60%. Why would they want to switch to something which is even worse and riskier?

Meanwhile USD and EUR are losing only 1-2% a year.
Now that it's obvious that QE is not causing inflation, people have even more faith in USD than couple of years ago and still consider it safe haven.

[Bitcurex.com]

DeadCoin, BTC can surprise us. Wait till January!

If you consider USD a safe haven, then simply do not exchange it to BTC - that's why we have a direct withdraw or storage options.

[picolo]

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

The same will happen in the USA and in Europe.

People changing from fiat to Bitcoin to avoid losing purchasing power.

Ruble lost 50% of purchasing power this year, while bitcoin lost 60%. Why would they want to switch to something which is even worse and riskier?

Meanwhile USD and EUR are losing only 1-2% a year.
Now that it's obvious that QE is not causing inflation, people have even more faith in USD than couple of years ago and still consider it safe haven.

They would want to switch because they expect Bitcoin not to lose value or to gain value and the Ruble to lose more value.

[NotLambchop]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations   Wake up brah, shit's been all downhill for over a year.

[picolo]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations   Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

[ndnh]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations   Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Yeah, idk why people do't see it that way.

See it like this, Bitcoin dropped from $60 to $30. And now going up.

What if supply had one zero more? It would be approx that, right?

[picolo]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations   Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Yeah, idk why people do't see it that way.

See it like this, Bitcoin dropped from $60 to $30. And now going up.

What if supply had one zero more? It would be approx that, right?

Supply is known and priced in. If the immediate future looks brighter and many new comers arrive and want some bitcoins, there will be a very small number of sellers and the price will go up and up.

[JimboToronto]

Bitcoin dropped from $60 to $30.

 

When?

[im0rtel]

he didnt mean it literally you goof ball.

the real stats tell us that bitcoin droped from 650 usd in june to 320 in december . basically same thing 50% loss.

hope its clear now.

[NotLambchop]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations  Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Bitcoin has 5 (five) years' worth of history, three of which were spent in obscurity--with price bouncing from single to double digits.  Pretending that one year is an insignificant timespan is silly.

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

The Russians are not going to convert rubles into $$$ to buy mining gear to mine a depreciating asset.  There's a good chance that Russia will criminalize Bitcoin.
Russians are sane, educated people, who won't fall for half-baked intwebs schemes just to save you from being stuck with worthless coin.

Hope this clears things.

[Redwan]

Probably not going to go very low but might go down by a small bit for a small amount of time.

[picolo]

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations  Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Bitcoin has 5 (five) years' worth of history, three of which were spent in obscurity--with price bouncing from single to double digits.  Pretending that one year is an insignificant timespan is silly.

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

The Russians are not going to convert rubles into $$$ to buy mining gear to mine a depreciating asset.  There's a good chance that Russia will criminalize Bitcoin.
Russians are sane, educated people, who won't fall for half-baked intwebs schemes just to save you from being stuck with worthless coin.

Hope this clears things.

So you don't like Bitcoin. You don't understand the advantages of using Bitcoin : how can I move around with millions in my pocket or my mind without third party risk and without using Bitcoin?

[NotLambchop]

^
I love Bitcoin.  Made money with it last year, and it's still a socially acceptable form of gambling for me this year.
P.S: I doubt you have millions to walk around with--in pocket or bank account.  Unless you mean satoshi.  Let's stay real here.

[inca]

"This user is currently trolling ignored."

[NotLambchop]

"This user is currently trolling ignored."

I'm yet to put anyone on ignore, but you're cutting it awful close.

[picolo]

^
I love Bitcoin.  Made money with it last year, and it's still a socially acceptable form of gambling for me this year.
P.S: I doubt you have millions to walk around with--in pocket or bank account.  Unless you mean satoshi.  Let's stay real here.

I was saying that Bitcoin allows someone to walk with millions or hundreds of thousands or tens of thousands of its own money and without having to have third party risk.

[NotLambchop]

^
I love Bitcoin.  Made money with it last year, and it's still a socially acceptable form of gambling for me this year.
P.S: I doubt you have millions to walk around with--in pocket or bank account.  Unless you mean satoshi.  Let's stay real here.

I was saying that Bitcoin allows someone to walk with millions or hundreds of thousands or tens of thousands of its own money and without having to have third party risk.

Lol, my bank never stole my money, not worried.  Bitcoin?  Let's see--TradeFortress, Ukyo, Danny Brewster, Mark Karpeles--that's just Bitcoin financial services that pwnt ur coinz THIS year.
Way to not worry about "third party risk" there, Bitcoiner

[inca]

Please stop quoting the resident troll picolo, please.

I suspect you will learn, as most have on here, that he adds nothing useful to the discussion, simply sows seeds of negativity and wastes your (more) valuable time.

[jaredboice]

Troll Spotter: Im0rtel added to
The ignore list

[NotLambchop]

.@inca; jaredboice:

Stop threadstalking me like a couple of d-starved faggots, K?