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Topic: Bears thread - unleash the bear in you in this thread (Read 7617 times)

hero member
Activity: 1288
Merit: 524
PredX - AI-Powered Prediction Market
this needs at least 7 days minimum to play out

and if it goes up from here, then it wasn't "the big one"

right now people are still in the "oh its a dip buy" mentality. So I will not be surprised if it still makes a new high in next 24 hrs

hero member
Activity: 614
Merit: 500
Thank you bears!
Just eaten you loadout at bitstamp. Wanna more!


Let's see how this plays out before you declare victory, my friend..
donator
Activity: 784
Merit: 1000
Thank you bears!
Just eaten you loadout at bitstamp. Wanna more!
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
But your "EPIC" crash scenarios are ridiculous. Unless we run from here to over $800- $1000, there will be no epic crash. Just a sizeable correction. Rinse and repeat.

You think that isn't going to happen, that's cute.  Cheesy

Ok what now?  Wink
full member
Activity: 204
Merit: 100
pretty condescending stuff itt.... some obviously think very highly of themselves around here.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
But there are a lot of newly rich people in China that don't have any investments to put their savings in.  They don't have Fidelity.com offering 100,000 mutual funds and stocks.  They buy empty apartment buildings right now, because there is literally nothing to invest in.

If you want to shed your decade-outdated notions of China and see what is really going on right now and how much wealth they really have with nowhere to put it, watch this 60 Minutes segment:

Hahaha... Decade-outdated notions of China, lolwat?
Wanna check your words (and mine)? Grin
sr. member
Activity: 378
Merit: 255
The two countries that are most important to Bitcoin are the US and china. China, because it has the most people (esp. most people intersted in Bitcoin), and US, because it has the most money because... well... it prints it all.

China's population is poor on average and despite its tremendous numbers it is hard to tell how much ordinary people can buy (what would make it matter). So I doubt there's considerable interest in Bitcoin among chinese Jane and Joe... Cool
But there are a lot of newly rich people in China that don't have any investments to put their savings in.  They don't have Fidelity.com offering 100,000 mutual funds and stocks.  They buy empty apartment buildings right now, because there is literally nothing to invest in.

If you want to shed your decade-outdated notions of China and see what is really going on right now and how much wealth they really have with nowhere to put it, watch this 60 Minutes segment:

http://www.cbsnews.com/video/watch/?id=50152767n

This is why people are getting out of real estate in China and into bitcoin.  And looking at all those apartments, don't expect it to stop anytime soon.
hero member
Activity: 854
Merit: 1000
This rally has allowed me to triple my USD. I've left the entire profits in coins which now have cost me 0.00$ + 0.00C even though I have pulled my investment back out.  I could be greedy and cash out like every speculator will but I'll keep my free BTC and send the fiat back home, win win

Thank you bit coin.  I'm glad I was able to do it this time instead of screaming TO DA MOON and selling nothing like in April and getting burned.
full member
Activity: 204
Merit: 100
The two countries that are most important to Bitcoin are the US and china. China, because it has the most people (esp. most people intersted in Bitcoin), and US, because it has the most money because... well... it prints it all.

China's population is poor on average and despite its tremendous numbers it is hard to tell how much ordinary people can buy (what would make it matter). So I doubt there's considerable interest in Bitcoin among chinese Jane and Joe... Cool
i agree with this. good to keep in perspective. this is being driven wild by speculators. this rally has very little to do with adoption.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
The two countries that are most important to Bitcoin are the US and china. China, because it has the most people (esp. most people intersted in Bitcoin), and US, because it has the most money because... well... it prints it all.

China's population is poor on average and despite its tremendous numbers it is hard to tell how much ordinary people can buy (what would make it matter). So I doubt there's considerable interest in Bitcoin among chinese Jane and Joe... Cool
hero member
Activity: 496
Merit: 500
Spanish Bitcoin trader
China awakens to stagnated prices: The sell-off that appeared inbound for the last 5 hours is materializing.


If you felt upset when the market did the opposite of what you expected, you have not heard of stop-loss orders and margin trading.  Wink I have more bitcoins, that are worth more, yet I was wrong by your standards.
hero member
Activity: 728
Merit: 500
sr. member
Activity: 448
Merit: 250
The two countries that are most important to Bitcoin are the US and china. China, because it has the most people (esp. most people intersted in Bitcoin), and US, because it has the most money because... well... it prints it all.
legendary
Activity: 1168
Merit: 1000
China awakens to stagnated prices: The sell-off that appeared inbound for the last 5 hours is materializing.

legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
This is another massive bubble! SELL SELL SELL, then grab your kids and ammo and head for the hills!! IMO  Grin
legendary
Activity: 1168
Merit: 1000
If I wanted to see how many Nervous Nancy's I could get into a Bitcoin thread, this is the title I'd give it.

legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
If it is banned in the USA, the ban will have devastating repercussions throughout the world.

You need to get out of USA for a decade or so to realise how unimportant it actualy is. Start with BRIC countries.

Didn't notice this comment of yours at first! Grin
No, I'm not in the USA and have never been to, and yes, I reside in one of those BRIC countries, lol  Grin
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
If it is banned in the USA, the ban will have devastating repercussions throughout the world.

You need to get out of USA for a decade or so to realise how unimportant it actualy is. Start with BRIC countries.

These "free democracy" folks always forget how gold was forbidden by Roosevelt in 1933  Cool

Did that affected anyone but USA? Not really.
Don't underestimate the amount of programming development in Bitcoin that occurs in the US.  Didn't Gavin Andersen state that if the US government told him to stop he would.  Not to discount the rest of the world but US has a lot to do with Bitcoin.  Both ETFs are there and lots of VC activity is in the US right now.  Outlawing gold didn't stop the gold mines elsewhere but I wouldn't be so sure that negative sentiment in the US will have little impact.
legendary
Activity: 930
Merit: 1010
If it ever gets to be too much for any of you bears, just send me a PM and I'll buy them off your hands.

Sure, how much do you offer above Stamp?
sr. member
Activity: 854
Merit: 264
Crypto is not a religion but i like it
If it ever gets to be too much for any of you bears, just send me a PM and I'll buy them off your hands.
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