Bitcoin is hopeless, sell your coins now - page 4.

ajareselde

legendary

Activity: 1722

Merit: 1000

Satoshi is rolling in his grave. #bitcoin

Quote from: noma on February 21, 2015, 01:36:28 PM

Quote from: thebenjamincode on February 20, 2015, 09:25:15 PM

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Seems the effect of BTER shutting down only lasted for 2 days. And now the price is going back up, or atleast its not falling like it used to before.

Or its artificialy created stability to make u think the effect from bter is passed, and then another dive follows.. u can never be sure when it comes to prices on an open market.
Im convinced we will see more bubbles and growth, but not just yet, first we need to get things in order, theres no going forward without that, and op is right.

cheers

inca

legendary

Activity: 1176

Merit: 1000

Quote from: BitMos on February 21, 2015, 02:56:08 PM

Quote from: NotLambchop on February 21, 2015, 01:38:38 PM

sublime!

You need to get out more..

BitMos

full member

Activity: 182

Merit: 123

"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

Quote from: NotLambchop on February 21, 2015, 01:38:38 PM

sublime!

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

Quote from: AgentofCoin on February 20, 2015, 11:59:30 PM

Quote from: Bobsurplus on February 20, 2015, 11:45:13 PM

https://www.google.ca/search?q=sky+is+falling&espv=2&biw=1920&bih=955&source=lnms&tbm=isch&sa=X&ei=IgzoVN61MqqKsQSxkoHIDQ&ved=0CAYQ_AUoAQ#imgdii=_&imgrc=vjI4078ftV6NoM%253A%3B7U207_3Z76VK3M%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252Fwp-content%252Fuploads%252F2011%252F01%252FGlennBeckDances4DGDO_720.gif%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252F2011%252Fthe-glenn-beck-show%3B720%3B480

OMG! This is shocking, convincing, and undeniable!

I know... This is now CONFIRMED news.

Can anyone else confirm this as news?

yampi

sr. member

Activity: 433

Merit: 250

Come on guys OP is right.
I'll get rid of your worthless bitcoins myself for 1$ per btc.
/sarcasm

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: HeliKopterBen on February 21, 2015, 12:57:53 PM

Quote from: monsanto on February 20, 2015, 09:41:32 PM

Well the good news is there's not that many exchanges left to be hacked.

This is more important than you realize. With sound money, bear markets cleanse the system of greed, scams, ponzi schemes, incompetent exchange operators, ect... instead of bailing them out. This allows for organic growth for the next cycle vs a cancerous vermin like we are seeing with the legacy financial system. The next rally should be epic.

Nonsense.
Bitcoin lends itself perfectly to scumbaggery. It's where washed-up conmen come to run scams that've been burnt down ages ago IRL. I mean, imagine an IRL human being sending real money--through intertubes--to an Anon claiming to be starting a bank? In Cyprus?
Yeah, like that.
But wait, that's not all!

As a bonus, most Bitcoin enthusiasts are ~~batshit crazy paranoiacs~~ weary of governments and law enforcement intervention, and ~~are dabbling in petty crimez themselves~~ value their privacy. On top of that, they ~~have the sophistication and street-smarts of a fruit fly~~ tend to overestimate their own business acumen.
TL;DR: perfect marks.

noma

full member

Activity: 182

Merit: 100

Quote from: thebenjamincode on February 20, 2015, 09:25:15 PM

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Seems the effect of BTER shutting down only lasted for 2 days. And now the price is going back up, or atleast its not falling like it used to before.

HeliKopterBen

hero member

Activity: 622

Merit: 500

Quote from: monsanto on February 20, 2015, 09:41:32 PM

Well the good news is there's not that many exchanges left to be hacked.

This is more important than you realize. With sound money, bear markets cleanse the system of greed, scams, ponzi schemes, incompetent exchange operators, ect... instead of bailing them out. This allows for organic growth for the next cycle vs a cancerous vermin like we are seeing with the legacy financial system. The next rally should be epic.

Amph

legendary

Activity: 3248

Merit: 1072

Quote from: Brewins on February 21, 2015, 04:07:00 AM

just don't use exchanges that appear to have shit security or that have lots of known issues and you will be fine

i would only leave a small amount anyway, doesn't matter the security they have, just leave what you need to trade

to the OP, bitcoin is still alive and kicking, no reason to panic

randy8777

legendary

Activity: 896

Merit: 1000

if you lost faith in Bitcoin then feel free to leave and never come back.

it is either a fud troll or he is ignorant.

okthen

hero member

Activity: 490

Merit: 500

Quote from: jook on February 21, 2015, 04:34:10 AM

Quote from: thebenjamincode on February 20, 2015, 09:25:15 PM

so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

Wow, OP has just found a simple yet elegant way to double your holdings:

1. Sell your Bitcoins
2. Then withdraw them

After executing this sophisticated strategy you are left with both your original Bitcoin holdings in a wallet and their current fiat value on the exchange. Amazing. Hey, OP, you should've sold your cash-cow-strategy to a few selected individuals under NDA and not publish it for free. Now everyone will do it and crash the price to zero.

Hahaha breaking news, HUGE glitch in the system just found Tongue

jook

newbie

Activity: 47

Merit: 0

Quote from: thebenjamincode on February 20, 2015, 09:25:15 PM

so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

Wow, OP has just found a simple yet elegant way to double your holdings:

1. Sell your Bitcoins
2. Then withdraw them

After executing this sophisticated strategy you are left with both your original Bitcoin holdings in a wallet and their current fiat value on the exchange. Amazing. Hey, OP, you should've sold your cash-cow-strategy to a few selected individuals under NDA and not publish it for free. Now everyone will do it and crash the price to zero.

Brewins

legendary

Activity: 1120

Merit: 1000

just don't use exchanges that appear to have shit security or that have lots of known issues and you will be fine

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

Quote from: thebenjamincode on February 20, 2015, 09:25:15 PM

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Thanks for the heads up and the warning mate appreciated .
What the hacked exchangers have anything to do with us tho ? People should simply learn on how to keep their Bitcoins on their private offline wallets instead of keeping them on a exchanger (at least not for a long time) or an Online wallet .

~ Madness

Lauda

legendary

Activity: 2674

Merit: 3000

Terminated.

Unless you're trying to spread FUD (you wouldn't be the first one to do so..), then your understanding is wrong.
What made you think that Bitcoin can only succeed/work if it is always highly valued?

How do you expect me to convince someone to buy 1 Bitcoin when it costs over $1000 (which is more than 2x monthly salary in some countries)?

Mehek

full member

Activity: 154

Merit: 100

Quote from: ronaldo40 on February 20, 2015, 10:29:36 PM

hmm now I really was a confused, between sell or hold to wait a little better price Cry

with this much up and downs in bitcoin price day by day I will suggest u to swutch the currency....try litcoin or dogecoin insted of bitcoin because the now frequently change lke this from 6months I am watching them.they are just on 60-55 this range

croato

hero member

Activity: 616

Merit: 500

1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr

Exchanges sucks bigtime but Bitcoin will find way to fix that problem. Honestly, exchange hack is not news anymore for me and i would advice to everyone not to hold lot of coins there.

AgentofCoin

legendary

Activity: 1092

Merit: 1001

Quote from: Bobsurplus on February 20, 2015, 11:45:13 PM

https://www.google.ca/search?q=sky+is+falling&espv=2&biw=1920&bih=955&source=lnms&tbm=isch&sa=X&ei=IgzoVN61MqqKsQSxkoHIDQ&ved=0CAYQ_AUoAQ#imgdii=_&imgrc=vjI4078ftV6NoM%253A%3B7U207_3Z76VK3M%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252Fwp-content%252Fuploads%252F2011%252F01%252FGlennBeckDances4DGDO_720.gif%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252F2011%252Fthe-glenn-beck-show%3B720%3B480

OMG! This is shocking, convincing, and undeniable!

Bobsurplus

legendary

Activity: 1008

Merit: 1000

Making money since I was in the womb! @emc2whale

https://www.google.ca/search?q=sky+is+falling&espv=2&biw=1920&bih=955&source=lnms&tbm=isch&sa=X&ei=IgzoVN61MqqKsQSxkoHIDQ&ved=0CAYQ_AUoAQ#imgdii=_&imgrc=vjI4078ftV6NoM%253A%3B7U207_3Z76VK3M%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252Fwp-content%252Fuploads%252F2011%252F01%252FGlennBeckDances4DGDO_720.gif%3Bhttp%253A%252F%252Fdontcrybaby.org%252Fblog%252F2011%252Fthe-glenn-beck-show%3B720%3B480

OROBTC

legendary

Activity: 2996

Merit: 1903

...

The record of the exchanges holding other people's Bitcoin is, ahh, not so good.

I would recommend HODLing BTC in a hardware wallet, both Trezor and Ledger are working well for me. And if I can figure out how to use them (with my limited technical abilities) then anyone else here can too. The Ledger is very economically priced at about 29 Euro (pay by BTC). MUCH cheaper than having a problem with BTC in peril at an exchange.

Even a web wallet like blockchain.info's would be better than at an exchange.

Topic: Bitcoin is hopeless, sell your coins now - page 4. (Read 7644 times)