I have a foreboding about the fate of bitcoin. Do you?
Ever wonder why it's always the newbies that have that feeling?
Topic: Bye Bye Bitcoin..... Really??? (Read 5299 times)
Ever wonder why it's always the newbies that have that feeling?
Will soon 10,000 BTC be worth a pizza again.
Two Pizzas and a 2 Liter of your favorite coke product.
Only bad time for btc now. Hang on all, just buy more btc and do not sell them.
Thanks for good advice - I would recommend the same for other
Good luck!
♥BTC
its the Chinese not us 
Only bad time for btc now. Hang on all, just buy more btc and do not sell them.
who cares about the frogs singing on the sidelines?
When do you understand that they don't want bitcoin to succeed? Media tries everything possible to keep it depressed and then they tell you 'we said so'.
Those same people will start writing articles about the coming crash as soon as prices rise again. Don't you get the spin?
When do you understand that they don't want bitcoin to succeed? Media tries everything possible to keep it depressed and then they tell you 'we said so'.
Those same people will start writing articles about the coming crash as soon as prices rise again. Don't you get the spin?
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http://www.macrobusiness.com.au/2014/03/bye-bye-bitcoin/
I know that ignorance is a bliss, or so they say but....
Give us a break here!
Why are governments and the media run by ignorant people?
Any comments?
I know that ignorance is a bliss, or so they say but....
Give us a break here!
Why are governments and the media run by ignorant people?
Any comments?
Because the majority of people who do productive work are already hired creating jobs industries and other things and this is what is left once the innovators are doing something else
That's a bit mean as a generalization but the media has been trained to have bias over the years
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600. I am really panicked. Please give me some advice. Will bitcoin grow?
Bitcoin went from $17 to $2 over a 3 month period and then slowly climbed from $2 and $15 for 14 months. It also went from $266 to $55 within 48 hours, and then settled about about $110 for the next 6 months. $800 to $450, or $1200 to $450, no matter how you look at it, isn't some shocking thing.
The advice you need is that you shouldn't risk money that you can't lose. I have near 100% of my net worth in Bitcoin, but I can also get a job almost instantly if I go broke, and I have friends and family with warm couches just in case.
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600. I am really panicked. Please give me some advice. Will bitcoin grow?
Be strong. Do not lose heart. And hold onto it.
The good news is that it's now hard for me to find someone that hasn't heard of Bitcoin. The bad news is that everything they've heard is bad news.
It will go down to 300-350 and stay down below 500 for awhile.
But before 2015 it'll be 1,000+ again.
Before 2016 it'll be 3,000+
before 2017 it'll be 5,000+
before 2018 it'll be 10,000+
But before 2015 it'll be 1,000+ again.
Before 2016 it'll be 3,000+
before 2017 it'll be 5,000+
before 2018 it'll be 10,000+
rotfl, good luck
Wow, if price hits the range of $435 and a bit lower, a shit load of coins will change hands according to Bitstamp's order book.
It's normal to see big pending orders below the current price. Most never get executed; they're canceled and moved down. With the price now at 444, the walls have moved downward again.
Wow, if price hits the range of $435 and a bit lower, a shit load of coins will change hands according to Bitsamp's order book.
Cryptocurrencies will be around for a long time, that's for sure, but the investment strategies of some of you are very weird.
You buy at 800/600/400 and expect to profit in the short term. That's weird. At $800 the market cap was around 10 billion. To get a measly 100% profit, the market cap would have had to double to 20 billion. That's not possible now.
I'd understand this strategy with a coin of $100,000 market cap that could easily go to $4 million, but not with something in the billions.
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Also, mining Bitcoin is a dead end. You gain much more combining GPUs and Scrypt.
You buy at 800/600/400 and expect to profit in the short term. That's weird. At $800 the market cap was around 10 billion. To get a measly 100% profit, the market cap would have had to double to 20 billion. That's not possible now.
I'd understand this strategy with a coin of $100,000 market cap that could easily go to $4 million, but not with something in the billions.
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Also, mining Bitcoin is a dead end. You gain much more combining GPUs and Scrypt.
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600. I am really panicked. Please give me some advice. Will bitcoin grow?
Don't Panic
Trust the underlying technology. Trust all the Bitcoin ATMs being installed all over the planet. Trust all the money flowing into startups built around Bitcoin. The general population is just learning about Bitcoin. It will continue to spread. Bitcoin is just started.
I have gone back to work and will use the next few months to buy some more cheap bitcoins.
I'm 31 and at 30, I invested 50% of what I had made in my entire life at that point in BTC and BTC mining gear.
Bitcoin will persevere. That's the beauty of this all.
I am not worried at all.
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600. I am really panicked. Please give me some advice. Will bitcoin grow?
Don't Panic
Trust the underlying technology. Trust all the Bitcoin ATMs being installed all over the planet. Trust all the money flowing into startups built around Bitcoin. The general population is just learning about Bitcoin. It will continue to spread. Bitcoin is just started.
I have gone back to work and will use the next few months to buy some more cheap bitcoins.
Wait.. Don't just panic sell. This is affect of some bad news and china stuffs.. but now "
BTC-E is going to accept Yaun as payment. - http://newsbtc.com/2014/03/30/btc-e-adds-chinese-offshore-yuan-trading/ ", so probably it will boost the price again/ Wait and watch!
BTC-E is going to accept Yaun as payment. - http://newsbtc.com/2014/03/30/btc-e-adds-chinese-offshore-yuan-trading/ ", so probably it will boost the price again/ Wait and watch!
I am 25 and I invested my (small) money almost all I bitcoin, mostly when it was 830 and some when it was 600. I am really panicked. Please give me some advice. Will bitcoin grow?
If you can afford to be without your money then I suggest you hold onto the bitcoin for a while as I do think we will see higher than $830 again. It could be years though.If you can't afford to be without that money to the point where you can't afford your home and food then you should never have gambled with it and you may have to start thinking about liquidating your assets at a loss. That would be a shame but it's a hard lesson that must be learned.
I guess you did not want to hear any of that and were just hoping for people to all tell you that bitcoin will definitely be at $1,000 by July.
So, if the Chinese are freaking out and selling then how comes Bitmain sold not one single coin?
https://blockchain.info/address/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ
https://blockchain.info/address/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ
+1
Steady flow of orders coming in. Good to see they can afford to run best hardware business of 2014 without cashing out customers btc
wow.I can see my order there.
The press is very ignorant. Bitcoin was supposed to dies in 2011 and then twice in 2013...lol and it still lives on.
Yes Bitcoin was dying so many times that is is hard to believe that is will ever die (for me).
And as we know- it will not
even if the price will drop, so what - Bitcoin will stay with us forever! (I believe)
It has been wounded several times but couldn't die.
It will keep a stable pace upwards, whatever happens.
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