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Author Topic: Bitcoin is so so dead...  (Read 3452 times)
BitProdigy (OP)
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January 18, 2015, 06:34:03 PM
 #21

The bitcoin price will continue to fall. It's been falling all 2014 and dropped dramatically early 2015.
I can't see things changing anytime soon.


I can only hope! The more the price falls, the more bitcoin I will own! I dare say it cannot stay this low for another 5 years sadly…
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January 18, 2015, 08:15:42 PM
 #22

The gist of the message is that from $30 it went up to $200 in 5 years, so if you are saying it's dead, then think again whether the statement holds true.  Grin Grin Grin

Very good thinking.
Right now, only people who are selling BTC in panic swill loose.
Smart people will wait until price go up again, sell and make profit Smiley
Patience people!

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January 18, 2015, 08:20:59 PM
 #23

In the year 2010 I was introduced to bitcoin while listening to a philosophy podcast. At that time bitcoin had just CRASHED all the way from $30 down to $3. The "bubble" had popped if you will, and it was quite clear to everyone that bitcoin was dead.

So I decided to buy 500 Bitcoin.

The very next day I walked into my garage and accidentally stepped onto a rake which flew up and hit me in the head and was knocked out cold and remained in a coma for 5 years.

I woke from my coma yesterday and the first thing that I did was ask what the price of bitcoin was doing, the answer i got was, "Bitcoin is dead, it's just crashed all the way down to $197."

but your wife ran away with mark karpeles.  Grin

R


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January 18, 2015, 08:22:46 PM
 #24

The bitcoin price will continue to fall. It's been falling all 2014 and dropped dramatically early 2015.
I can't see things changing anytime soon.


I can only hope! The more the price falls, the more bitcoin I will own! I dare say it cannot stay this low for another 5 years sadly…

careful now. predicting the market is futile.

R


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January 18, 2015, 08:24:30 PM
 #25

Quote
I woke from my coma yesterday
and you decided to make a post about bitcoin five years after you have been out of your life. either you are lying or you are really dumb
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January 18, 2015, 08:25:19 PM
 #26

"Bitcoin is dead, it's just crashed all the way down to $197."

Average floor was just over $170 (I was expecting to be around $150), but Bitcoin is far from dead. Soon it will reach higher prices, but nevertheless you must be very patient in this "game".

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January 18, 2015, 08:26:21 PM
 #27

Quote
I woke from my coma yesterday
and you decided to make a post about bitcoin five years after you have been out of your life. either you are lying or you are really dumb

or that was all he was dreaming about.

R


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January 18, 2015, 08:29:27 PM
 #28

"Bitcoin is dead, it's just crashed all the way down to $197."

Average floor was just over $170 (I was expecting to be around $150), but Bitcoin is far from dead. Soon it will reach higher prices, but nevertheless you must be very patient in this "game".

In these two or these days i saw on trading site many buying order of btc. More than 300 by one person and lot more, just an example but why the price is not moving up. Its still constant here. Who determine its price.?

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January 18, 2015, 08:32:54 PM
 #29

"Bitcoin is dead, it's just crashed all the way down to $197."

Average floor was just over $170 (I was expecting to be around $150), but Bitcoin is far from dead. Soon it will reach higher prices, but nevertheless you must be very patient in this "game".

In these two or these days i saw on trading site many buying order of btc. More than 300 by one person and lot more, just an example but why the price is not moving up. Its still constant here. Who determine its price.?

Well... you must be good in reading graphs, but price is mainly determined by China imho. Smiley BTC recent peaks looks like "dead cat bounce", but I believe that we will eventually see higher prices.

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January 18, 2015, 08:34:56 PM
 #30


Smart people will wait until price go up again, sell and make profit Smiley


No need to sell in order to make a profit. In fact, profits are maximized by never selling.  Wink

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January 19, 2015, 12:35:09 AM
 #31

This is a good story and I bought @800 and am still holding, so I want BTC to go back up up up... But there is a difference, as it dropped from $30 to $3, it was not that public, people were not milking it that much like the greedy mofos do it nowadays and also BTC was not banned in different countries like in China, Russia, India.
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January 19, 2015, 01:20:10 AM
 #32

This is a good story and I bought @800 and am still holding, so I want BTC to go back up up up... But there is a difference, as it dropped from $30 to $3, it was not that public, people were not milking it that much like the greedy mofos do it nowadays and also BTC was not banned in different countries like in China, Russia, India.

It isnt banned in any of those countries now.

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January 19, 2015, 01:48:40 AM
 #33

This is a good story and I bought @800 and am still holding, so I want BTC to go back up up up... But there is a difference, as it dropped from $30 to $3, it was not that public, people were not milking it that much like the greedy mofos do it nowadays and also BTC was not banned in different countries like in China, Russia, India.

It isnt banned in any of those countries now.



Not fully banned in any of those countries.

Chine only forbids using it as currency and puts restrictions about buying and selling, Russia still allows you buy and sell from person to person, and there are Indian exchanges as far I know
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January 19, 2015, 02:31:42 AM
 #34

I'm most tired of waiting. especially for a period of 5 years was very long.
really need patience and hope bitcoin rise again tomorrow Smiley
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January 19, 2015, 02:59:13 AM
 #35

The gist of the message is that from $30 it went up to $200 in 5 years, so if you are saying it's dead, then think again whether the statement holds true.  Grin Grin Grin
Except that the moral of this story was that he 'bought' at the low of $3 after the crash and likening it to the current low of $200ish. So low on low over this period is a growth in the low of approximately 1500%. Considering all the behind the scenes things that have been going on over the years and specifically last year, we could be seeing a nasty and violent upward parabolic move that could be helped along by everything to distrust in the financial markets, new ETFs, regulations and a regulator that will standardize such things for this crypto across the country and one who is also predicting great success in Bitcoin going forward, many new conferences this new year showcasing the new technology to new people thus spurring much more added interest, among other things indicating bullish behaviors are returning. As time goes by and an uptrend solidifies itself we'll see less and less nonsense posting here and then once the real rally gets under way, whatever stupid comments that are left will vanish in one fell swoop. Smiley
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January 19, 2015, 04:20:52 AM
 #36

There is a good support @ 150$, if all hell breaks loose, atleast this level can hold.

But i dont know, Huobi ,Bitfinex and Bitstamp got some nice big juicy buy orders, so we could see a double bottom forming at 197$ and then it could rally.

However if it drops to 150$ then I will buy them all Smiley

If not then I will wait until the junk shorts clear out and buy @ 210-230

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January 19, 2015, 04:31:34 AM
 #37

Gee, you out for 5 years and after you wake up, first thing you ask about bitcoin. Should you ask about your love ones,even who is the president?
My point is, because you ask about bitcoin first thing, bitcoin is not dead.

Please tell me you were kidding with this post....
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January 19, 2015, 06:21:00 AM
 #38

There is a good support @ 150$, if all hell breaks loose, atleast this level can hold.

But i dont know, Huobi ,Bitfinex and Bitstamp got some nice big juicy buy orders, so we could see a double bottom forming at 197$ and then it could rally.

However if it drops to 150$ then I will buy them all Smiley

If not then I will wait until the junk shorts clear out and buy @ 210-230

remember that double bottom at 297? LOL
GreenStox
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January 19, 2015, 03:22:36 PM
 #39

There is a good support @ 150$, if all hell breaks loose, atleast this level can hold.

But i dont know, Huobi ,Bitfinex and Bitstamp got some nice big juicy buy orders, so we could see a double bottom forming at 197$ and then it could rally.

However if it drops to 150$ then I will buy them all Smiley

If not then I will wait until the junk shorts clear out and buy @ 210-230

remember that double bottom at 297? LOL

What are you talking about, there was no bottom at 297.

I just look at the order book, its much nicer to see the order book, when I traded Forex, it was hellish,you had to guess where to big whales put the money, but here all essential info is public.

I just made 0.2 BTC with an arbitrage on TILECOIN  Cheesy

The orderbook works, and based on current data, 150$ is a really heavy support, now since I posted that, i just saw some nasty sell orders, so we might see a retracement to  165 again forming a double bottom, but I`m not worried that it will go lower.

At the moment of course, nobody can see the future  Smiley

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January 19, 2015, 04:06:08 PM
 #40

Quote
I woke from my coma yesterday
and you decided to make a post about bitcoin five years after you have been out of your life. either you are lying or you are really dumb

The only dumb person here is you.
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