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Topic: Can Bitcoin Rebound? - page 3. (Read 4330 times)

AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
December 21, 2014, 05:03:46 AM
#36
More and more small miners will shut down and dump their equipment due to unprofitability and the price/difficulty will level at about production cost for most of the survivours. Only some super low electricity cost miners will stay in the race in the long run, so BTC price will correlate with the production cost.
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
December 21, 2014, 04:28:28 AM
#35
Calm down and see the price up again(in few weeks maybe Roll Eyes )
Hey this post should be in speculation section right Huh
legendary
Activity: 1778
Merit: 1043
#Free market
December 21, 2014, 04:26:09 AM
#34
its dead. lets go home.

Ahahahaha , no bitcoin is not dead :

hero member
Activity: 910
Merit: 1000
December 21, 2014, 04:22:32 AM
#33
Almost everything else except oil performed better than bitcoin this year  Smiley
That is a fact. Many people spent money foolishly buying and consuming uranium or radium in Patent tonics before realizing their true value. There was a lull where there was little demand for them. Most lay people are in a state of confusion over the relationship between valueless bitcoin and the invaluable blockchain. Educated investors recognize the opportunity.
But for the blockchain to be successful doesnt bitcoin have to succeed first?
legendary
Activity: 2674
Merit: 2965
Terminated.
December 21, 2014, 04:10:49 AM
#32
Not at all. I'm not looking at it in any way in relation to dollar/euro etc. I don't see how my post gave that impression.

What if bitcoin is just a side attraction we've all gotten distracted by on the way to the true technological advancement - The Blockchain

I'm not comparing anything or seeing it in the eyes of investment return. Bitcoin may be a massive distraction (because people want to be rich - whether in fiat or crypto terms) that's blinded people to the advancements possible with blockchain technology.
Well it certainly did.
Easy answer: It simply isn't. We also shouldn't ever let it become that.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
December 21, 2014, 03:35:03 AM
#31
Almost everything else except oil performed better than bitcoin this year  Smiley
That is a fact. Many people spent money foolishly buying and consuming uranium or radium in Patent tonics before realizing their true value. There was a lull where there was little demand for them. Most lay people are in a state of confusion over the relationship between valueless bitcoin and the invaluable blockchain. Educated investors recognize the opportunity.
sr. member
Activity: 252
Merit: 250
December 21, 2014, 02:29:18 AM
#30
Almost everything else except oil performed better than bitcoin this year  Smiley
hero member
Activity: 686
Merit: 500
December 21, 2014, 02:05:23 AM
#29
I cannot think of one major company that would invest it's end of year surplice in bitcoin. It's been an uphill battle to get companies to accept bitcoin, and even then they convert it to fiat.

And besides, bitcoin is taxable. And it's very hard to purchase without it being traceable somehow.
hero member
Activity: 910
Merit: 1000
December 20, 2014, 01:17:32 PM
#28
People are getting scared and losing hope, that is a great time to buy more Bitcoins.
Its too hard to say this will be profitable. The fall from 600 to 300 made me think the same.
 But seemed too much hope was lost.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
December 20, 2014, 01:14:17 PM
#27
its dead. lets go home.
sr. member
Activity: 252
Merit: 250
December 20, 2014, 12:20:25 PM
#26
The rebound has just started from $310 to $330, who knows maybe we can see $350 again in few days Smiley

Or 295$  Smiley
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
December 20, 2014, 11:47:11 AM
#25
People are getting scared and losing hope, that is a great time to buy more Bitcoins.
member
Activity: 66
Merit: 10
December 20, 2014, 11:44:31 AM
#24
Rebound? It's gone from $1 to $300+ in 5 years. That's a 300%+ annual growth rate.

There have always been short term fluctuations. Remember when people bitched about the $18 to $4 drop? Seems laughable in hindsight

Most of the people who now complain about it rebounding are those that have bought after the bubble and are still at a loss, so that's what rebound they're waiting for.
full member
Activity: 196
Merit: 104
December 20, 2014, 11:40:37 AM
#23
Rebound? It's gone from $1 to $300+ in 5 years. That's a 300%+ annual growth rate.

There have always been short term fluctuations. Remember when people bitched about the $18 to $4 drop? Seems laughable in hindsight
Most of that growth was only in 1 year that was in 2013, and wasnt each year.
hero member
Activity: 1395
Merit: 505
December 20, 2014, 11:02:24 AM
#22
Rebound? It's gone from $1 to $300+ in 5 years. That's a 300%+ annual growth rate.

There have always been short term fluctuations. Remember when people bitched about the $18 to $4 drop? Seems laughable in hindsight
sr. member
Activity: 378
Merit: 250
December 20, 2014, 10:56:29 AM
#21
The rebound has just started from $310 to $330, who knows maybe we can see $350 again in few days Smiley
I dont think it will happen in few days, but in a week or two the price should raise
sr. member
Activity: 381
Merit: 250
December 20, 2014, 09:16:28 AM
#20
The rebound has just started from $310 to $330, who knows maybe we can see $350 again in few days Smiley
sr. member
Activity: 434
Merit: 250
December 20, 2014, 04:43:14 AM
#19
BTC is too volatile to keep money in. The market capitalization is too small for big companies.
legendary
Activity: 1019
Merit: 1003
Kobocoin - Mobile Money for Africa
December 20, 2014, 04:38:28 AM
#18
You sure we're not riding this crazy horse straight to hell? All the smart money may have already been made, taken, and banked.

Blockchain, and blockchain technologies, may be the way the industry/community is heading. History might regard bitcoin and other altcoins as an early by-product left at the roadside when blockchain technology matured (losing many people and institutions millions in the process).

This forum may be the last death throes of bitcoin/alts as the currency side of the technology gets dumped for the true advancements possible from blockchain technology.

Just a thought. A FUD thought.


There is no way to go to hell. A currency is made to be used. It is not an investment.
As long as you see Bitcoin in the eyes of dollars, euroes.. you're looking at it in a very limited and wrong way.
Not at all. I'm not looking at it in any way in relation to dollar/euro etc. I don't see how my post gave that impression.

What if bitcoin is just a side attraction we've all gotten distracted by on the way to the true technological advancement - The Blockchain

I'm not comparing anything or seeing it in the eyes of investment return. Bitcoin may be a massive distraction (because people want to be rich - whether in fiat or crypto terms) that's blinded people to the advancements possible with blockchain technology.
legendary
Activity: 2674
Merit: 2965
Terminated.
December 20, 2014, 04:19:04 AM
#17
You sure we're not riding this crazy horse straight to hell? All the smart money may have already been made, taken, and banked.

Blockchain, and blockchain technologies, may be the way the industry/community is heading. History might regard bitcoin and other altcoins as an early by-product left at the roadside when blockchain technology matured (losing many people and institutions millions in the process).

This forum may be the last death throes of bitcoin/alts as the currency side of the technology gets dumped for the true advancements possible from blockchain technology.

Just a thought. A FUD thought.


There is no way to go to hell. A currency is made to be used. It is not an investment.
As long as you see Bitcoin in the eyes of dollars, euroes.. you're looking at it in a very limited and wrong way.
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