mayax
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Activity: 1456
Merit: 1004
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January 13, 2015, 02:05:14 PM |
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it will reach for sure.
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mayax
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Activity: 1456
Merit: 1004
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January 13, 2015, 02:19:25 PM |
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Bitcoin going down again and again Now at 255$/1BTC , I hope btc dont reach 200$ in next month And i hope again btc will raise up in next month , maybe up to 350$ it's 230 USD
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server
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Activity: 892
Merit: 1002
1 BTC =1 BTC
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January 13, 2015, 02:48:25 PM |
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Maybe if people stopped being so retarded and putting money into what is clearly a scam bitcoin might actually survive.
Yes people should invest in projects backed with real value instead of gamble/ponzi "get rich quick"-schemes. Projects like maidsafe and storj.io are potential game changers for every internet user. Investing in these projects will give users a voice in the future. But I doubt if people will learn from past mistakes.
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gog1
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January 13, 2015, 02:50:54 PM |
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This is ancient history - the Chinese exchanges brought fees back in long time ago; Can't believe people still buy into this fake volume theory.
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mayax
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Activity: 1456
Merit: 1004
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January 13, 2015, 03:54:47 PM |
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This is ancient history - the Chinese exchanges brought fees back in long time ago; Can't believe people still buy into this fake volume theory. it's from 10 months ago not an ancient history. yes, the Chinese exchanges(and not only) are faking transactions. this is the truth.
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galbros
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Activity: 1022
Merit: 1000
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January 13, 2015, 11:28:45 PM |
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I agree the Chinese exchanges don't have the coins they claim. The issue is does that result in the price recovering, as they buy to try and cover the claims on them or a total collapse as everyone loses faith in bitcoin.
I don't think they are fractional reserve, just high frequency. Example, draw a line across a table, one side of line is exchange, the other side is you, tape a 1 BTC wallet to the rim of a bicycle wheel, $250 on the other side, now spin it at 500 RPM.... congrats, you just created 30,000 BTC an hour volume. If measured by the forex standard of a buy counting as 1 and a sell counting, each buy/sell pair counting as 2, you've got 60,000 BTC volume. I like your volume illustration, and they are certainly high frequency, I just don't see those two things as being mutually exclusive. If the Chinese exchanges are still no fee, admittedly at odds with gog1, then it explains how they pay their bills. I don't like it, but it is consistent with price moving down on no real developments.
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jjacob
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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January 14, 2015, 01:04:08 AM |
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Bitcoin going down again and again Now at 255$/1BTC , I hope btc dont reach 200$ in next month And i hope again btc will raise up in next month , maybe up to 350$ it's 230 USD USD 220 now. Does this qualify as free fall?
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waterpile
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January 14, 2015, 02:04:33 AM |
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I dont know why people always blame China for every prices fall/rise. Its got to be the Chinese
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tss
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January 14, 2015, 05:49:03 AM |
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im thinking the bottom is around $150. so sell all your coin now and buy back when its at $120
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tss
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January 14, 2015, 05:50:17 AM |
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I dont know why people always blame China for every prices fall/rise. Its got to be the Chinese
the chinese sell you equipment worth $100, you buy it for the "potential" "possible" profit you will make. they put the difference in their pockets.
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SargeR33
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Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
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January 14, 2015, 06:37:08 AM |
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I really believe the bottom is going to be much lower than $150. We will crack the $1xx tonight. Dump galore. People thought $280 was the bottom, then $250. Any home miner still running this and pay any power bill will be playing this game at a loss.
Check out this buy order on an exchange.
0.01000000 100.00000000 1.00000000
I think this guy was born a retard. He wants to buy 100btc for $0.01 each. There are significantly more buy orders under $200 now.
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borntorun
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January 14, 2015, 08:01:05 AM |
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Bitcoin could reach Oct.2014 (pre-bubble) levels which is well under 150.
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66tbird
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Activity: 62
Merit: 3
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January 16, 2015, 02:37:47 AM |
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So I go to shed my last .5 btc and places that used to take them now don't. I guess I'll sink it into a few more silver eagles.
Zero indicators look good for the poor btc because if there are few places to use them then why have them.
Bye bye, Bitcoin. It was a fun ride.
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mayax
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Activity: 1456
Merit: 1004
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January 16, 2015, 01:53:27 PM |
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yes, the many merchants stopped accepting Bitcoin lately.
Bitcoin has a bad media now because it is related to scams, hacks, drugs, terrorists, child porn.
BTC is completely tied to these source of activities. It's not just used for them, it drops in value when these activities don't take place.
Remember Silk Road. The price dropped A LOT after SilkRoad was taking down.
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ssmc2
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Activity: 2002
Merit: 1040
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January 16, 2015, 02:22:51 PM |
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yes, the many merchants stopped accepting Bitcoin lately.
Bitcoin has a bad media now because it is related to scams, hacks, drugs, terrorists, child porn.
BTC is completely tied to these source of activities. It's not just used for them, it drops in value when these activities don't take place.
Remember Silk Road. The price dropped A LOT after SilkRoad was taking down.
Yep. And then what happened?
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