kwukduck (OP)
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January 11, 2015, 03:26:28 AM |
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Now that the return of Bitstamp has proven not to boost the market in any way, i think its safe to say that even big players now realize it's done and only going down from here.
I think the return if Bitstamp was the only thing that could have boosted the value a little. Why do people keep talking about 'but the fundamentals dare there', no they are not, that's why we have 200 altcoins that are almost every one of them better than bitcoin in at least one aspect.
Bitcoin has a fail mining approach, PoW. Bitcoin mining is centralized. Bitcoin has failed distribution. Bitcoin has slow confirmations. Bitcoin development has practically stopped. Bitcoin blockchain is bulky, its 30gb how much if it would be adopted, impossible to sustain. Most bitcoin transactions are of criminal nature.
Please tell me why you invest still?
Colored coins? Not going to happen. Side Chains? Not going to happen. EFT? Not going to happen.
Enlighten me oh holy permabulls.
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14b8PdeWLqK3yi3PrNHMmCvSmvDEKEBh3E
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NotHatinJustTrollin
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Activity: 462
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★Bitvest.io★ Play Plinko or Invest!
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January 11, 2015, 03:39:06 AM |
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It's dead, it's done. Bitcoiners, do you have any valid arguments that justify your efforts to get innocent people into this free falling clumsy mess of a pump&dump pyramid scheme? https://www.youtube.com/watch?v=Yd0fBXwDBmo
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jaberwock
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January 11, 2015, 03:47:07 AM |
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It is weekend and start of year.
Wait some time for some moves.
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BlindMayorBitcorn
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January 11, 2015, 03:51:43 AM |
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When it takes less than 30,000 coins to knock us down to 0...
This is not an economy, it's an experiment
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Warren Buffert
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January 11, 2015, 03:52:49 AM |
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The fundamentals are still intact.™
Bitcoin is virtual boy betamax laser disc the Internet... and... bitcoin is technology that is backed by maths and so therefore it cannot possibly fail.
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BittBurger
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January 11, 2015, 03:53:59 AM |
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1) Stop looking at the market price, dumb idiots
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
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NotHatinJustTrollin
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★Bitvest.io★ Play Plinko or Invest!
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January 11, 2015, 03:54:12 AM |
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On top of that regarding ETFs, we now know that Second Market Investment Fund investors can't liquidate their holdings. Basically they are stuck bagholding and watching the price tank while Barry Silbert posts shit like this (he refers to BTC breaking $300 and free falling from there): https://twitter.com/barrysilbert/status/551533923663355904This is the world of bitcoin gentlemen. BTC will either die in a crash of gigantic proportions, or it will slowly be forgotten and gradually waste your life. In any case, the game's over.
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Morecoin Freeman
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January 11, 2015, 03:59:42 AM |
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Why do some users make the same threads every other day? Yea you think bitcoin is not here to stay etc... I figured. See you in couple days in your newest thread?
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Ask the stranger he knows who you really are.
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NotHatinJustTrollin
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★Bitvest.io★ Play Plinko or Invest!
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January 11, 2015, 04:00:26 AM |
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1) Stop looking at the market price, dumb idiots
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
If by "adoption" you mean merchants accepting USD payments from a BITCOIN DUMP though BitPay, or people using BTC as a store of value and losing 70% of its purchasing power in a year, then sure, "adoption".
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BlindMayorBitcorn
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January 11, 2015, 04:01:30 AM |
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Why do some users make the same threads every other day? Yea you think bitcoin is not here to stay etc... I figured. See you in couple days in your newest thread?
He's a NXThead
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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Chef Ramsay
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Activity: 1568
Merit: 1001
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January 11, 2015, 04:05:54 AM |
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1) Stop looking at the market price, dumb idiots
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
Point, set, match! Bitcoin ain't going nowhere. Too many people are focused on the short term price and let the trolls scare them to death. Gotta have a strong stomach lining if ya want to reap the rewards down the line.
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montreal
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January 11, 2015, 04:09:17 AM |
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has speculation always had many of these types of threads (2011-2012)? or did they not become common until 2013
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podyx
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January 11, 2015, 04:36:09 AM |
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CEG5952
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January 11, 2015, 05:12:36 AM |
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Just wait for New Money Monday! It's just a down trend. Strong 4-5 year bull market. Where we are is not unreasonable. Honestly, I could see us at sub-$50 a year or two from now, and would not be surprised with a long term bullish resolution (new ATHs) in time. Mean reversion is a bitch.
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cryptocult live
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January 11, 2015, 05:15:40 AM |
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i buy bitcoin to trade alts, not for holding it anymore though. I hope we can get soon another basecurrency because this one sucks.
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chopstick
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Activity: 992
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January 11, 2015, 05:29:41 AM |
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Wow look at that someone who has been trolling bitcointalk for like 3 years, has 800+ activity and doesn't even believe in bitcoin anymore.
Why are you here again? Go troll elsewhere
No one has patience anymore it seems, not everything has to happen at once.
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poncho32
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January 11, 2015, 06:01:03 AM |
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Why do some users make the same threads every other day? Yea you think bitcoin is not here to stay etc... I figured. See you in couple days in your newest thread?
The OP could have said everything in the latest tulips thread. It would have saved opening a new thread to say the same things.
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bitcon
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Merit: 1008
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January 11, 2015, 06:05:40 AM |
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all aboard the PPC train! choo choo!
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dinofelis
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January 11, 2015, 06:09:11 AM |
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1) Stop looking at the market price, dumb idiots
2) Bitcoins destiny won't be related to its market behavior until consumer adoption begins to affect it.
3) Right now the entire market "world" is a bunch of day traders, manipulators, speculators, and whales.
4) The Bitcoin Market has nothing to with whats going on -------> out there in the field. In the ecosystem.
5) The ecosystem is building its infrastructure. Then will come consumer / enterprise adoption.
6) Then you will see a Bitcoin market price that is affected by its actual utility and use.
Not a day before.
Until then, the Bitcoin price has nothing to do with Bitcoin. Its potential for success. Nor its potential for failure.
Period.
-B-
I agree with that. I don't see how one can declare a 50-year-like experiment as done and over after not even a decade.
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Marbit
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January 11, 2015, 06:10:25 AM |
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I don't think the current price has anything to with its success. That doesn't mean I stay long in a down trend.
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