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Topic: Bitcoin is dead? 350$ :( - page 2. (Read 8154 times)

picolo

hero member

Activity: 1022

Merit: 500

Quote from: NotLambchop on December 20, 2014, 09:52:39 AM

^
I love Bitcoin. Made money with it last year, and it's still a socially acceptable form of gambling for me this year.
P.S: I doubt you have millions to walk around with--in pocket or bank account. Unless you mean satoshi. Let's stay real here.

I was saying that Bitcoin allows someone to walk with millions or hundreds of thousands or tens of thousands of its own money and without having to have third party risk.

NotLambchop

sr. member

Activity: 378

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Quote from: inca on December 20, 2014, 09:55:51 AM

"This user is currently ~~trolling~~ ignored."

I'm yet to put anyone on ignore, but you're cutting it awful close.

inca

legendary

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"This user is currently ~~trolling~~ ignored."

NotLambchop

sr. member

Activity: 378

Merit: 254

picolo

hero member

Activity: 1022

Merit: 500

Quote from: NotLambchop on December 20, 2014, 08:24:45 AM

Quote from: picolo on December 20, 2014, 04:47:06 AM

Quote from: NotLambchop on December 17, 2014, 10:10:33 AM

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Bitcoin has 5 (five) years' worth of history, three of which were spent in obscurity--with price bouncing from single to double digits. Pretending that one year is an insignificant timespan is silly.

Quote from: BitmoreCoin on December 16, 2014, 02:40:58 PM

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

The Russians are not going to convert rubles into $$$ to buy mining gear to mine a depreciating asset. There's a good chance that Russia will criminalize Bitcoin.
Russians are sane, educated people, who won't fall for half-baked intwebs schemes just to save you from being stuck with worthless coin.

Hope this clears things.

So you don't like Bitcoin. You don't understand the advantages of using Bitcoin : how can I move around with millions in my pocket or my mind without third party risk and without using Bitcoin?

Redwan

full member

Activity: 126

Merit: 100

Probably not going to go very low but might go down by a small bit for a small amount of time.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: picolo on December 20, 2014, 04:47:06 AM

Quote from: NotLambchop on December 17, 2014, 10:10:33 AM

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Bitcoin has 5 (five) years' worth of history, three of which were spent in obscurity--with price bouncing from single to double digits. Pretending that one year is an insignificant timespan is silly.

Quote from: BitmoreCoin on December 16, 2014, 02:40:58 PM

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

im0rtel

sr. member

Activity: 351

Merit: 252

he didnt mean it literally you goof ball.

the real stats tell us that bitcoin droped from 650 usd in june to 320 in december . basically same thing 50% loss.

hope its clear now.

JimboToronto

legendary

Activity: 4158

Merit: 4811

You're never too old to think young.

Quote from: ndnh on December 20, 2014, 05:18:13 AM

Bitcoin dropped from $60 to $30.

When?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: ndnh on December 20, 2014, 05:18:13 AM

Quote from: picolo on December 20, 2014, 04:47:06 AM

Quote from: NotLambchop on December 17, 2014, 10:10:33 AM

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Yeah, idk why people do't see it that way.

See it like this, Bitcoin dropped from $60 to $30. And now going up.

What if supply had one zero more? It would be approx that, right?

Supply is known and priced in. If the immediate future looks brighter and many new comers arrive and want some bitcoins, there will be a very small number of sellers and the price will go up and up.

ndnh

legendary

Activity: 1302

Merit: 1005

New Decentralized Nuclear Hobbit

Quote from: picolo on December 20, 2014, 04:47:06 AM

Quote from: NotLambchop on December 17, 2014, 10:10:33 AM

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Yeah, idk why people do't see it that way.

See it like this, Bitcoin dropped from $60 to $30. And now going up.

What if supply had one zero more? It would be approx that, right?

picolo

hero member

Activity: 1022

Merit: 500

Quote from: NotLambchop on December 17, 2014, 10:10:33 AM

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

For a year but it's uphill from any other point in time.

Quote from: BitmoreCoin on December 16, 2014, 02:40:58 PM

The Russian can also mine bitcoin to convert Ruble to into bitcoin. I think the electricity price there is very cheap.

It could be a good deal with a stable or decreasing difficulty lately.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: picolo on December 17, 2014, 09:45:19 AM

... they expect Bitcoin not to lose value or to gain value...

Talk about unreasonable expectations Roll Eyes

Wake up brah, shit's been all downhill for over a year.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: DeadCoin on December 17, 2014, 06:45:01 AM

Quote from: picolo on December 17, 2014, 05:52:30 AM

Quote from: Bitcurex.com on December 16, 2014, 01:57:51 PM

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

The same will happen in the USA and in Europe.

People changing from fiat to Bitcoin to avoid losing purchasing power.

Ruble lost 50% of purchasing power this year, while bitcoin lost 60%. Why would they want to switch to something which is even worse and riskier?

Meanwhile USD and EUR are losing only 1-2% a year.
Now that it's obvious that QE is not causing inflation, people have even more faith in USD than couple of years ago and still consider it safe haven.

They would want to switch because they expect Bitcoin not to lose value or to gain value and the Ruble to lose more value.

Bitcurex.com

full member

Activity: 129

Merit: 100

DeadCoin, BTC can surprise us. Wait till January!

If you consider USD a safe haven, then simply do not exchange it to BTC - that's why we have a direct withdraw or storage options.

DeadCoin

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Activity: 1246

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★ Investor | Trader | Promoter

Quote from: picolo on December 17, 2014, 05:52:30 AM

Quote from: Bitcurex.com on December 16, 2014, 01:57:51 PM

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

The same will happen in the USA and in Europe.

People changing from fiat to Bitcoin to avoid losing purchasing power.

Bitcurex.com

full member

Activity: 129

Merit: 100

Hello,

Yes, exactly - you send RUB by a direct bank transfer, you get USD. Limits for non-verified users are 3300 USD. If you are verified, there is NO LIMIT at all.

Best Regards!

Quote from: SolidBitShop on December 17, 2014, 06:07:54 AM

So anyone can send a direct RUB transfer by a wire transfer and get USD automatically?
Is there a limit for a RUB deposit after beeing verified?

Quote from: Bitcurex.com on December 16, 2014, 01:57:51 PM

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

SolidBitShop

member

Activity: 69

Merit: 10

So anyone can send a direct RUB transfer by a wire transfer and get USD automatically?
Is there a limit for a RUB deposit after beeing verified?

Quote from: Bitcurex.com on December 16, 2014, 01:57:51 PM

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

picolo

hero member

Activity: 1022

Merit: 500

Quote from: Bitcurex.com on December 16, 2014, 01:57:51 PM

Let the Russians start our next pump!

https://bitcurex.com/page/rub/

Deposit RUB directly, get USD, buy BTC. Up to 3300 USD without verification. Plain and simple. Smiley

Regards!

The same will happen in the USA and in Europe.

People changing from fiat to Bitcoin to avoid losing purchasing power.

Coinbuddy

hero member

Activity: 896

Merit: 1000

1 BITCOIN= 326.8$