Bitcoin price : still very pessimistic.

[guy_wonderful]

Still very pessimistic.

[Paashaas]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

[guy_wonderful]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

Currently, nothing makes me more optimistic but btc price at 80-120

Yes, I saying, will start buying at 60-80-120. Maybe that's the bottom. With target at 800
And will capitulate at 40. With loosing enormous 24-30%
Flash crash under price level :120 - is highly possible. minimum price could reach then 0 (cents) per btc. be ready....

I know there is three major factors for bear market currently:
+Bitcoin is still very unsafe, that's because of the theoretically possible <51% attack. And worst that nothing can be done to fix this..
+Market are selling bitcoins for about $15kk (:222= 67 264 btc's) every day just to keep system work, that's the electricity bills.
+Technically we are still in strong, strong bear trend.


Secondary factors:
+Banks are negatively disposed in general. (To bitcoins)
+Scientifically proven that btc is not anonymous. (Must check, (rumors tells so))
+A large use of btc for illegal operations like purchase of drugs, money laundering etc. (I personaly know a guy who buys drugs in    
overseas and gets them in envelope by common mail)
+Companies like DELL are immediately converting their crypto profits to fiat.
+"Who makes profits in btc world? In general : there is some successful traders, infrastructure producers, exchanges, electricity companies. All this makes additional pressure."
Others?

[kendog77]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

This is not true. A higher BTC price will lead to more investment in infrastructure.

For example, I don't see much capital flowing into BTC mining at the moment.

[Mellnik]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

Currently, nothing makes me more optimistic but btc price at 80-120

Yes, I saying, will start buying at 60-80-120. Maybe that's the bottom. With target at 800
And will capitulate at 40. With loosing enormous 24-30%
Flash crash under price level :120 - is highly possible. minimum price could reach then 0 (cents) per btc. be ready....

I know there is three major factors for bear market currently:
+Bitcoin is still very unsafe, that's because of the theoretically possible <51% attack. And worst that nothing can be done to fix this..
+Market are selling bitcoins for about $15kk (67'264 btc) every day just to keep system work, that's the electricity bills.
+Technically we are still in strong, strong beer trend.

beer

[guy_wonderful]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

Currently, nothing makes me more optimistic but btc price at 80-120

Yes, I saying, will start buying at 60-80-120. Maybe that's the bottom. With target at 800
And will capitulate at 40. With loosing enormous 24-30%
Flash crash under price level :120 - is highly possible. minimum price could reach then 0 (cents) per btc. be ready....

I know there is three major factors for bear market currently:
+Bitcoin is still very unsafe, that's because of the theoretically possible <51% attack. And worst that nothing can be done to fix this..
+Market are selling bitcoins for about $15kk (67'264 btc) every day just to keep system work, that's the electricity bills.
+Technically we are still in strong, strong beer trend.

beer

Cheers

[findftp]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

[guy_wonderful]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

[b!z]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

163 in 7 hours 24 minutes.
You heard it first from me.

[Amph]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

only because they want to break it, it's all about manipulation for shorting

[srgkrgkj]

without manipulation we would have seen market correction much higher

[dropt]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

This is not true. A higher BTC price will lead to more investment in infrastructure.

For example, I don't see much capital flowing into BTC mining at the moment.

KnC just closed a 29MM VC funding round.  No recent manufacturer bankruptcies.  Mining is doing just fine.

[Silent Sam]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

163 in 7 hours 24 minutes.
You heard it first from me.

Keep dreaming cupcake

[Paashaas]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

Currently, nothing makes me more optimistic but btc price at 80-120

Yes, I saying, will start buying at 60-80-120. Maybe that's the bottom. With target at 800
And will capitulate at 40. With loosing enormous 24-30%
Flash crash under price level :120 - is highly possible. minimum price could reach then 0 (cents) per btc. be ready....

I know there is three major factors for bear market currently:
+Bitcoin is still very unsafe, that's because of the theoretically possible <51% attack. And worst that nothing can be done to fix this..
+Market are selling bitcoins for about $15kk (:222= 67 264 btc's) every day just to keep system work, that's the electricity bills.
+Technically we are still in strong, strong bear trend.


Secondary factors:
+Banks are negatively disposed in general. (To bitcoins)
+Scientifically proven that btc is not anonymous. (Must check, (rumors tells so))
+A large use of btc for illegal operations like purchase of drugs, money laundering etc. (I personaly know a guy who buys drugs in    
overseas and gets them in envelope by common mail)
+Companies like DELL are immediately converting their crypto profits to fiat.
+"Who makes profits in btc world? In general : there is some successful traders, infrastructure producers, exchanges, electricity companies. All this makes additional pressure."
Others?

All youre arguments are flaw and useless, just today; a new record of 100.000 merchants world wide woud be better news for long term.
Still low volume but this is only part of growth proces.

http://www.ibtimes.co.uk/bitcoin-now-accepted-by-100000-merchants-worldwide-1486613

[guy_wonderful]

Still very pessimistic.
-guy_wonderful says.

Price is not relevant only infrastructure, ppl need to stop focusing on the price only.

Go dig the internet for more information it will make you optimistic and exited.

Currently, nothing makes me more optimistic but btc price at 80-120

Yes, I saying, will start buying at 60-80-120. Maybe that's the bottom. With target at 800
And will capitulate at 40. With loosing enormous 24-30%
Flash crash under price level :120 - is highly possible. minimum price could reach then 0 (cents) per btc. be ready....

I know there is three major factors for bear market currently:
+Bitcoin is still very unsafe, that's because of the theoretically possible <51% attack. And worst that nothing can be done to fix this..
+Market are selling bitcoins for about $15kk (:222= 67 264 btc's) every day just to keep system work, that's the electricity bills.
+Technically we are still in strong, strong bear trend.


Secondary factors:
+Banks are negatively disposed in general. (To bitcoins)
+Scientifically proven that btc is not anonymous. (Must check, (rumors tells so))
+A large use of btc for illegal operations like purchase of drugs, money laundering etc. (I personaly know a guy who buys drugs in    
overseas and gets them in envelope by common mail)
+Companies like DELL are immediately converting their crypto profits to fiat.
+"Who makes profits in btc world? In general : there is some successful traders, infrastructure producers, exchanges, electricity companies. All this makes additional pressure."
Others?

All youre arguments are flaw and useless, just today; a new record of 100.000 merchants world wide woud be better news for long term.
Still low volume but this is only part of growth proces.

http://www.ibtimes.co.uk/bitcoin-now-accepted-by-100000-merchants-worldwide-1486613

such companies are converting their crypto profits into fiat. that's obvious. Can't see it as positive.

[NotLambchop]

...
KnC just closed a 29MM VC funding round.  No recent manufacturer bankruptcies.  Mining is doing just fine.

[findftp]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

Shall we bet that it won't happen?
It already bounced once since I said it.

[LewiesMan]

Still very pessimistic.

Do you think 220 is able to break?
I don't see it happen.
When it does, we're in serious trouble to the downside.

I see no problem to break 163 right "tomorrow".

Shall we bet that it won't happen?
It already bounced once since I said it.

Use an escrow for a fair bet.

[Chef Ramsay]

I would say on one hand that the price is more annoying than pessimistic since it's been such a long downtrend. On the other hand, being able to purchase at these prices again is wonderful. Over the next couple of months, most people are going to be getting their tax returns back and those typically equal a paycheck or two or more for most people so that's like the one time of year where bonus money gets available to folks. I'm not predicting anything but I wouldn't be surprised to see some nice action coming up here in March or April and it could get the ball rolling on a strong rally, not just these occasional pump recoveries.

[bank of bits]

These day trading bears are the only ones bitching about the price in order to force it down a bit but it's not going to make much difference in the bigger picture