$600, $500, $400, and now $300.......

DieJohnny

legendary

Activity: 1639

Merit: 1006

Quote from: Richard Branson on October 05, 2014, 11:32:16 AM

Quote from: DieJohnny on October 05, 2014, 11:08:15 AM

I think I would buy everything i could at $35 so that is my guess for a bottom right now.

You would not. It's all the same with that BS talkers...
Lot of tards posted that they are going to buy, if there are cheap coins ever again (sub 600$ was "cheap" then).

Well i would not eh, ok.... as if i haven't bought bitcoin at about 200 times in the last year..... Yes I haven't bought any for a while now, but if Bitcoin doesn't have a catastrophic failure of the protocol or another massive theft, I think it will survive this plunge. if it gets to $35 with existing information, I would be more than happy to buy bitcoins.

Nothing tells me that bitcoin is about to die, the price alone won't do that.

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: DieJohnny on October 05, 2014, 11:08:15 AM

I think I would buy everything i could at $35 so that is my guess for a bottom right now.

You would not. It's all the same with that BS talkers...
Lot of tards posted that they are going to buy, if there are cheap coins ever again (sub 600$ was "cheap" then).

DieJohnny

legendary

Activity: 1639

Merit: 1006

4000 dumped coins on bitstamp.

I think we are going to see a drop that will shock the living hell out of all of us, maybe even the perma bears will be in shock.

My guess is that old bag holders that never sold at 1k or $700 or whatever are still sitting on huge gains. They have always wondered if their fortune was real now they are panicking.

I think this drop is so fast and has so much momentum we are going well below $100 soon...... sorry, just fear is taking over Bitcoin and there is no trusted bottom until maybe $35..... I think I would buy everything i could at $35 so that is my guess for a bottom right now.

Is there any chance that a seller is trying to destroy Bitcoin??

Edward50

hero member

Activity: 602

Merit: 500

Quote from: kanggoroo on October 05, 2014, 09:31:13 AM

at $350 maybe i still call that normal , because it can be rise again soon.
but with $300 now .. there is something wrong , i dont know what happen , and maybe it can more drop again below $300 Sad

I think insiders know something is going to happen. Maybe they know the ETF is going to fail already so they are dumping.

kanggoroo

full member

Activity: 154

Merit: 100

at $350 maybe i still call that normal , because it can be rise again soon.
but with $300 now .. there is something wrong , i dont know what happen , and maybe it can more drop again below $300 Sad

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: DieJohnny on October 05, 2014, 06:08:04 AM

Nothing is stopping this sinking ship. Holy Shit it must be the reverse Willy doppelganger.

Im not worried at all because I didn't invest, I mined a bit. But I feel bad for the guys that have been lossing tons of money for what seems months now.

panju1

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Activity: 1246

Merit: 1000

Quote from: maker88 on October 05, 2014, 08:36:38 AM

Quote from: Bitcoins101 on October 05, 2014, 06:31:31 AM

Quote from: 3x2 on October 05, 2014, 06:29:47 AM

2xx soon, whats going on Shocked

Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?

well theres not actually even one alt coin with better fundamentals so that throws a wrench into that idea.

If you think there is a bloodbath in bitcoins, you just have to look at other altcoins.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Tomorrow the value will reach : 1x $ Roll Eyes

, thanks guys ! I think it is not an "our" fault it is a fault of the "speculation" in general .

maker88

sr. member

Activity: 336

Merit: 250

Quote from: Bitcoins101 on October 05, 2014, 06:31:31 AM

Quote from: 3x2 on October 05, 2014, 06:29:47 AM

2xx soon, whats going on Shocked

Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?

well theres not actually even one alt coin with better fundamentals so that throws a wrench into that idea.

uhoh

hero member

Activity: 742

Merit: 500

Circle gets the Square

Quote from: Richard Branson on October 05, 2014, 07:59:36 AM

Quote from: Mellnik on October 05, 2014, 07:55:37 AM

Everyone talking about the price. You are all clearly wanna get rich quick noobs.

I am here for the entertainment and see people fail and lose their money. Wink

I bet you're popular at parties.

botany

legendary

Activity: 1582

Merit: 1064

Quote from: Richard Branson on October 05, 2014, 07:59:36 AM

Quote from: Mellnik on October 05, 2014, 07:55:37 AM

Everyone talking about the price. You are all clearly wanna get rich quick noobs.

No offense, with 1 btc you can never get rich quick.
Even with 100 btc you are not rich. That's less than an above average joes years salary (country dependant).

Most gays here have less than 1 btc and think they will get rich sometimes. Poor beggars disgust me. I am here for the entertainment and see people fail and lose their money. Wink

If most people here have less than 1 btc, then they aren't really losing a lot. Wink

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: Mellnik on October 05, 2014, 07:55:37 AM

Everyone talking about the price. You are all clearly wanna get rich quick noobs.

No offense, with 1 btc you can never get rich quick.
Even with 100 btc you are not rich. That's less than an above average joes years salary (country dependant).

Most gays here have less than 1 btc and think they will get rich sometimes. Poor beggars disgust me. I am here for the entertainment and see people fail and lose their money. Wink

Mellnik

sr. member

Activity: 242

Merit: 250

Everyone talking about the price. You are all clearly wanna get rich quick noobs.

MelodyRowell

sr. member

Activity: 394

Merit: 250

BTC is sinking hard, I though it should have stopped dropping when it hit $400... bad luck...

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: mailmansDOGE on October 05, 2014, 07:28:41 AM

Quote from: Richard Branson on October 05, 2014, 07:25:57 AM

Quote from: Wandererfromthenorth on October 05, 2014, 06:34:23 AM

BTC miners be like:

Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

There's still the possibility of profiting from holding coins if you have bought a miner at a slightly good time.

Yeah... but not wasting the money/coins on that miner would result in more coins/money!
Mining equipment is a waste (ASICs). With GPUs you could really profit in BTC terms and afterwars sell the cards for coins or money (to a gamer).

I was a miner a long time ago (gpu miner) and it was very profitable (till the price crash to 2$). Most miners don't calculate correctly. They assume that the difficulty stays the same in a long period... and that they will ROI in 3-5 weeks. That is just bullshit.

Bitcoins101

hero member

Activity: 910

Merit: 509

Quote from: atleticofa on October 05, 2014, 06:39:09 AM

Quote from: Bitcoins101 on October 05, 2014, 06:31:31 AM

Quote from: 3x2 on October 05, 2014, 06:29:47 AM

2xx soon, whats going on Shocked

Loss of faith is the driving factor, based on my analysis. What makes Bitcoin so special when there are hundreds of altcoins with better fundamentals and technology?

Worst analysis ever.

Based upon what? Face it, Bitcoin sucks compared to coins based on newer technology. It's the first cryptocurrency and the most widely known, but that's pretty much all it has going for it right now. If sidechains actually get implemented in the future or Bitcoin has a huge update bringing it to modern times, maybe I'll change my viewpoint.

I'm laughing all the way to the bank. I'm up significantly over 100% (as in more than doubled my money) on some of my positions in the past 12 hours.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: DieJohnny on October 05, 2014, 06:08:04 AM

Nothing is stopping this sinking ship. Holy Shit it must be the reverse Willy doppelganger.

Take a look at the Titanic. It has become more valuable after it hit the bottom Cool

mailmansDOGE

sr. member

Activity: 322

Merit: 250

Quote from: Richard Branson on October 05, 2014, 07:25:57 AM

Quote from: Wandererfromthenorth on October 05, 2014, 06:34:23 AM

BTC miners be like:

Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

There's still the possibility of profiting from holding coins if you have bought a miner at a slightly good time.

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

Quote from: Wandererfromthenorth on October 05, 2014, 06:34:23 AM

BTC miners be like:

Most small BTC miners can't calculate. They won't ever reach ROI (in BTC).
But nothing stops these morons to waste their coins/money in mining equipment. Good for the mining equipment sellers. Lots of profits.

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: DieJohnny on October 05, 2014, 06:08:04 AM

Nothing is stopping this sinking ship.

and then, monday coming ... in chineses time. Grin

Topic: $600, $500, $400, and now $300....... (Read 2350 times)