Edward50 (OP)
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December 30, 2014, 12:32:58 PM |
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I've been watching for the past week as it looks very weak and have been expecting it to break below $300. Damn, any day now it should go. I think the only thing holding it up are highly invested bag holders.
I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is and let people finally know that maybe bitcoin isn't going to just go higher so you can become rich.
I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Bananana
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December 30, 2014, 12:50:58 PM |
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I've been watching for the past week as it looks very weak and have been expecting it to break below $300. Damn, any day now it should go. I think the only thing holding it up are highly invested bag holders.
I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is and let people finally know that maybe bitcoin isn't going to just go higher so you can become rich.
I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.
There is a lot of new alt-coin that is capable of replacing bitcoin but no body trust them, people still trust bitcoin because its the first and the oldest. So no, I don't think there will be any alt-coin replacing bitcoin in terms of value..
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dakota neat
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December 30, 2014, 01:00:52 PM |
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Another random opinion. Thanks for creating a thread for it.
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coinableS
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December 30, 2014, 01:44:34 PM |
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Wouldn't be a bad a idea to have a buy order sitting around 270 just in case it touches down before launching
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Serge
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December 30, 2014, 01:54:28 PM |
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yeah, bitcoin almost died, almost like you 'predicted', last time it went south to $2 from its first run up in 2011. Edward, why are you still here, on this forum?
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cbeast
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Let's talk governance, lipstick, and pigs.
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December 30, 2014, 01:56:24 PM |
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We need a bearwhale to get below 300.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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Feri22
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December 30, 2014, 02:00:40 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there...Bitcoin is weak as a price weak, technology weak, innovative weak or what exactly do you mean when you say bitcoin is weak? Did you hear about sidechains, about Microsoft accepting Bitcoin, about the possibility to buy BTC in fuc*ing Kenya, about the fact that you don't need bank to move your value? Duh...I dont get some of the people here ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) if you don't trust in Bitcoin, what are you doing here? Would not be better instead of writing 10000000000th prediction based on numbers you just pulled out of your ass to help Bitcoin to grow somehow and invest the energy to something, that we could all benefit from? But hey, it is better to start another 10000000000000000000000000000th useless thread....welcome to my ignore list Ahhhhhh, it feels sooo good... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Silverspoon
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December 30, 2014, 02:14:53 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there... Stopped reading right there^. Always read the entire post you're replying to. That said, I'll reply to the shit I know you said because psychic: >price weak, yes >technology weak, not so much weak as outdated >innovative weak 6 years in beta? pretty weak, ya >or what exactly do you mean when you say bitcoin is weak? all of the above. >Did you hear about sidechains, sure did. like Microsoft running Win 3 on top of DOS >Microsoft accepting Bitcoin Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me. >possibility to buy BTC in fuc*ing Kenya I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you? >you don't need bank to move your value if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting?
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Feri22
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December 30, 2014, 02:33:41 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there... Stopped reading right there^. Always read the entire post you're replying to. That said, I'll reply to the shit I know you said because psychic: >price weak, yes >technology weak, not so much weak as outdated >innovative weak 6 years in beta? pretty weak, ya >or what exactly do you mean when you say bitcoin is weak? all of the above. >Did you hear about sidechains, sure did. like Microsoft running Win 3 on top of DOS >Microsoft accepting Bitcoin Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me. >possibility to buy BTC in fuc*ing Kenya I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you? >you don't need bank to move your value if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting? - price weak not for me, i bought around 100, so for me it is very strong -technology outdated sidechains are pretty innovative and technology strong, leaving all alts behind, because almost all alts features can have BTC too - innovative weak again, sidechains, OpenBazaar, Lightouse projects...so don't think so...also the alts are lucky, that the BTC has to fight every problem as first...so they can't make big changes overnight, because if BTC would fail now, almost all alts would fail right now too all of the above - just another point of view, also with sidechains, OpenBazaar, Lighthouse etc, the innovation and technology should grow faster - sidechains totally different, which shows how little you know about it - Microsoft - you don't know if they don't keep % of the revenue in BTC...you would accept toilet paper, Microsoft would not - Kenya - it surely excite the people in Kenya, so it does excite me too as i am happy they can transfer value finaly, which they could not in some places - not volume, but value...Bitcoin costs 310 USD right now, so what shitcoin are you talking about? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Did you lost all your 0.2 BTC during trading and that is why are you so butt-hurt??
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Edward50 (OP)
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December 30, 2014, 02:40:03 PM |
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I'll say this, when I actually used bitcoin I was never happy about the slow times to transfer coins. The constant fees being charged to covert to other coins. I won't talk about the money I lost at mt. gox but luckily I made money with NXT coin to make up for that loss.
I felt like I was constantly paying fees to exchange sites.
I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.
I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.
None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.
I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.
Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Edward50 (OP)
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December 30, 2014, 02:55:02 PM |
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I like the open baazar idea, haven't kept up with the latest information.
However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.
For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.
Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,
Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Silverspoon
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December 30, 2014, 02:56:43 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there... Stopped reading right there^. Always read the entire post you're replying to. That said, I'll reply to the shit I know you said because psychic: >price weak, yes >technology weak, not so much weak as outdated >innovative weak 6 years in beta? pretty weak, ya >or what exactly do you mean when you say bitcoin is weak? all of the above. >Did you hear about sidechains, sure did. like Microsoft running Win 3 on top of DOS >Microsoft accepting Bitcoin Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me. >possibility to buy BTC in fuc*ing Kenya I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you? >you don't need bank to move your value if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting? - price weak not for me, i bought around 100, so for me it is very strong Most averaged below 100, myself included. The price history since the bubble popped is pretty uninspiring tho, hope you're not thinking of ruining that $100 avg. by buying at 310. -technology outdated sidechains are pretty innovative and technology strong, leaving all alts behind, because almost all alts features will have BTC too
Sidechains are a kludge, see win3 running on top of DOS - innovative weak again, sidechains, OpenBazaar, Lightouse projects...so don't think so...also the alts are lucky, that the BTC has to fight every problem as first...so they can't make big changes overnight, because if BTC would fail now, almost all alts would fail right now too
all stuff that might happen in the future, hasn't happened for 6 years, and doesn't address the basic problems. all of the above - just another point of view, also with sidechains, OpenBazaar, Lighthouse etc, the innovation and technology should grow faster - sidechains totally different, which shows how little you know about it
![Huh](https://bitcointalk.org/Smileys/default/huh.gif) - Microsoft - you don't know if they don't keep % of the revenue in BTC...you would accept toilet paper, Microsoft would not
I also don't know if MS is breeding Easter Bunnies in their corporate backyard, everything's possible. Try to stick with the facts tho, and you won't find yourself in embarrassing situations like the one you're in now. - Kenya - it surely excite the people in Kenya, so it does excite me too as i am happy they can transfer value finaly, which they could not in some places
What excites people in Kenya? Bitcoin or Beanie Babies? - not volume, but value...Bitcoin costs 310 USD right now, so what shitcoin are you talking about? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Sorry, typo, I meant value. The fact that one BTC is worth $310 is what excites you? Protip: it's only worth that much on exchanges. Worth nothing at a local gas station. Did you lost all your 0.2 BTC during trading and that is why are you so butt-hurt??
Lost more than that. Made some worthless fiat tho. Keep pimping your failcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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X7
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Let he who is without sin cast the first stone
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December 30, 2014, 02:59:09 PM |
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Another random opinion. Thanks for creating a thread for it.
Well anytime you read some random kid type 'bag holders' you know its another buttcoin fangirl..
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For what shall it profit a man, if he shall gain the world, and lose his own soul?
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Feri22
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December 30, 2014, 03:32:12 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there... Stopped reading right there^. Always read the entire post you're replying to. That said, I'll reply to the shit I know you said because psychic: >price weak, yes >technology weak, not so much weak as outdated >innovative weak 6 years in beta? pretty weak, ya >or what exactly do you mean when you say bitcoin is weak? all of the above. >Did you hear about sidechains, sure did. like Microsoft running Win 3 on top of DOS >Microsoft accepting Bitcoin Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me. >possibility to buy BTC in fuc*ing Kenya I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you? >you don't need bank to move your value if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting? - price weak not for me, i bought around 100, so for me it is very strong Most averaged below 100, myself included. The price history since the bubble popped is pretty uninspiring tho, hope you're not thinking of ruining that $100 avg. by buying at 310. -technology outdated sidechains are pretty innovative and technology strong, leaving all alts behind, because almost all alts features will have BTC too
Sidechains are a kludge, see win3 running on top of DOS - innovative weak again, sidechains, OpenBazaar, Lightouse projects...so don't think so...also the alts are lucky, that the BTC has to fight every problem as first...so they can't make big changes overnight, because if BTC would fail now, almost all alts would fail right now too
all stuff that might happen in the future, hasn't happened for 6 years, and doesn't address the basic problems. all of the above - just another point of view, also with sidechains, OpenBazaar, Lighthouse etc, the innovation and technology should grow faster - sidechains totally different, which shows how little you know about it
![Huh](https://bitcointalk.org/Smileys/default/huh.gif) - Microsoft - you don't know if they don't keep % of the revenue in BTC...you would accept toilet paper, Microsoft would not
I also don't know if MS is breeding Easter Bunnies in their corporate backyard, everything's possible. Try to stick with the facts tho, and you won't find yourself in embarrassing situations like the one you're in now. - Kenya - it surely excite the people in Kenya, so it does excite me too as i am happy they can transfer value finaly, which they could not in some places
What excites people in Kenya? Bitcoin or Beanie Babies? - not volume, but value...Bitcoin costs 310 USD right now, so what shitcoin are you talking about? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Sorry, typo, I meant value. The fact that one BTC is worth $310 is what excites you? Protip: it's only worth that much on exchanges. Worth nothing at a local gas station. Did you lost all your 0.2 BTC during trading and that is why are you so butt-hurt??
Lost more than that. Made some worthless fiat tho. Keep pimping your failcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is the bitcointalk.org on which you are right now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) go to your other cointalk if you don't believe in BTC...don't you have another things to do in life? I am here, because i believe in BTC, if i wouldn't, i would not waste my time with trolls like you ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) the arguments you wrote above, it is just your personal opinions, just i have mine...they are different, i think you are too negative and butt hurted, but it is ok...maybe you will have luck in some alt, good luck, welcome to my ignore list PROTIP: i am quite sure, that i read, on some gas stations they already accept Bitcoin and it is worth around the price on exchanges, so...you are talking BS also read this: http://techmoran.com/bitpesa-launches-platform-enable-ngos-kenya-receive-bitcoin-donations/#sthash.hPmhOot6.dpbs http://moneyweek.com/mobile-money-bitcoin-could-help-the-worlds-poor-get-access-to-decent-toilets/ and tell me if you see some Easter Bunnies, Beanie Babies or toilet paper you ingorant troll ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) NO, BITCOIN Did you know, that most of your arguments are stupid?
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Feri22
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 30, 2014, 03:33:30 PM |
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I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is
stopped reading right there... Stopped reading right there^. Always read the entire post you're replying to. That said, I'll reply to the shit I know you said because psychic: >price weak, yes >technology weak, not so much weak as outdated >innovative weak 6 years in beta? pretty weak, ya >or what exactly do you mean when you say bitcoin is weak? all of the above. >Did you hear about sidechains, sure did. like Microsoft running Win 3 on top of DOS >Microsoft accepting Bitcoin Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me. >possibility to buy BTC in fuc*ing Kenya I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you? >you don't need bank to move your value if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting? - price weak not for me, i bought around 100, so for me it is very strong Most averaged below 100, myself included. The price history since the bubble popped is pretty uninspiring tho, hope you're not thinking of ruining that $100 avg. by buying at 310. -technology outdated sidechains are pretty innovative and technology strong, leaving all alts behind, because almost all alts features will have BTC too
Sidechains are a kludge, see win3 running on top of DOS - innovative weak again, sidechains, OpenBazaar, Lightouse projects...so don't think so...also the alts are lucky, that the BTC has to fight every problem as first...so they can't make big changes overnight, because if BTC would fail now, almost all alts would fail right now too
all stuff that might happen in the future, hasn't happened for 6 years, and doesn't address the basic problems. all of the above - just another point of view, also with sidechains, OpenBazaar, Lighthouse etc, the innovation and technology should grow faster - sidechains totally different, which shows how little you know about it
![Huh](https://bitcointalk.org/Smileys/default/huh.gif) - Microsoft - you don't know if they don't keep % of the revenue in BTC...you would accept toilet paper, Microsoft would not
I also don't know if MS is breeding Easter Bunnies in their corporate backyard, everything's possible. Try to stick with the facts tho, and you won't find yourself in embarrassing situations like the one you're in now. - Kenya - it surely excite the people in Kenya, so it does excite me too as i am happy they can transfer value finaly, which they could not in some places
What excites people in Kenya? Bitcoin or Beanie Babies? - not volume, but value...Bitcoin costs 310 USD right now, so what shitcoin are you talking about? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Sorry, typo, I meant value. The fact that one BTC is worth $310 is what excites you? Protip: it's only worth that much on exchanges. Worth nothing at a local gas station. Did you lost all your 0.2 BTC during trading and that is why are you so butt-hurt??
Lost more than that. Made some worthless fiat tho. Keep pimping your failcoin ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It is the bitcointalk.org on which you are right now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) go to your other cointalk if you don't believe in BTC...don't you have another things to do in life? I am here, because i believe in BTC, if i wouldn't, i would not waste my time with trolls like you ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) the arguments you wrote above, it is just your personal opinions, just as i have mine, although they are really different, i think you are too negative and butt hurted, but it is ok...maybe you will have luck in some alt, good luck PROTIP: i am quite sure, that i read, on some gas stations they already accept Bitcoin and it is worth around the price on exchanges, so...you are talking BS also read this: http://techmoran.com/bitpesa-launches-platform-enable-ngos-kenya-receive-bitcoin-donations/#sthash.hPmhOot6.dpbs and tell me if you see some Easter Bunnies, Beanie Babies or toilet paper you ingorant troll ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) NO, BITCOIN Did you know, that most of your arguments are stupid?
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Silverspoon
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December 30, 2014, 03:41:06 PM |
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I am here, because i believe in BTC. I'm here because I speculate in BTC. I make money by taking it from deluded cultist such as yourself. Thanks for being here & making trading easy & profitable ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Feri22
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December 30, 2014, 03:47:27 PM |
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I am here, because i believe in BTC. I'm here because I speculate in BTC. I make money by taking it from deluded cultist such as yourself. Thanks for being here & making trading easy & profitable ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) How can you take money from me when i don't sell my BTC You know what, since you are here to speculate and you act like you have made lot of money and blah blah....what about a bet? If BTC will not be worth more than 10 000 USD (ten thousand dollars) in 31.12. 2016 on the exchange with biggest worldwide volume, you will win 10 Bitcoins from me...if it will be worth more than 10 000 USD, i will win 10 Bitcoins from you We can use John K. as escrow until that time So what do you say?
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Silverspoon
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December 30, 2014, 03:59:58 PM Last edit: December 30, 2014, 04:22:29 PM by Silverspoon |
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...what about a bet? If BTC will not be worth more than 10 000 USD (ten thousand dollars) in 31.12. 2016 on the exchange with biggest worldwide volume, you will win 10 Bitcoins from me...if it will be worth more than 10 000 USD, i will win 10 Bitcoins from you
We can use John K. as escrow until that time
So what do you say?
Lol, typical lowbrow bitcoin scammer. Let's see what you're proposing here... 1. I tie up 10BTC until 2016. 2. If, at that time, BTC is worth more than $10k, you win a minimum of 10BTC * $10,000 = $100,000 (One Hundred Thousand Dollars) 3. If, at that time, BTC is worth $10, like I think it will, I'll win 10BTC * $10.00 = $100 (One Hundred Dollars) Hmm. pay you $100,000 if I lose, get $100 from you if I win... The kind of bet only a true bitcoiner would take ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Protip: lrn 2 scam bro. Edit, almost forgot your other question: How can you take money from me when i don't sell my BTC My BTC won't buy itself you know. Shrewd financiers such as yourself have to buy it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Wexlike
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December 30, 2014, 04:07:21 PM |
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I'll say this, when I actually used bitcoin I was never happy about the slow times to transfer coins. The constant fees being charged to covert to other coins. I won't talk about the money I lost at mt. gox but luckily I made money with NXT coin to make up for that loss.
I felt like I was constantly paying fees to exchange sites.
I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.
I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.
None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.
I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.
Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.
I like the open baazar idea, haven't kept up with the latest information.
However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.
For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.
Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,
Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.
You really sound like a paid shill account. And that is weird because you are here since 2011.
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Omikifuse
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December 30, 2014, 05:01:33 PM |
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I'll say this, when I actually used bitcoin I was never happy about the slow times to transfer coins. The constant fees being charged to covert to other coins. I won't talk about the money I lost at mt. gox but luckily I made money with NXT coin to make up for that loss.
I felt like I was constantly paying fees to exchange sites.
I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.
I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.
None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.
I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.
Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.
I like the open baazar idea, haven't kept up with the latest information.
However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.
For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.
Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,
Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.
You really sound like a paid shill account. And that is weird because you are here since 2011. Some people sell 2011 accounts for cheap. Check the digital goods forum and see
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