Can we take that as a buy signal?
Don't look for the signals to buy into Bitcoin, instead pay attention to the signals to divest from fiat, because those are abundant. 
Topic: CNNMoney - Where did bitcoin go wrong? - page 3. (Read 5872 times)
People should light up this fool on Amazon/BaN reviews.....just sayin'.
Agreed-
http://www.amazon.com/BitCon-Naked-Truth-About-Bitcoin-ebook/product-reviews/B00NUIUQ3A/ref=cm_cr_dp_qt_hist_one?ie=UTF8&filterBy=addOneStar&showViewpoints=0
Let the public know what a fraud this guy is and why he is wrong.
He is just a dude selling a book, so it has to be controversial or he gets no play. I find it offensive there was no educated rebuttal to his findings going on there. Just a 'greedy, delusional lunatic' Republican (most likely) trying to hock his wares while the supposedly non-biased host sits there and snickers over his silly comparisons in complete agreement at the expense of a fledgling currency that has seen no real traction to this day. Why doesn't he compare it to time tested gold in the future? Nice hatchet job CNN. Bastion of journalism my rear, I see the same methods on the HSN.
People should light up this fool on Amazon/BaN reviews.....just sayin'.
People should light up this fool on Amazon/BaN reviews.....just sayin'.
Not doing everything to make paypal join them.
Honestly, I didn't mind the video.
It did make a few fair points, (about the number of pumpers/fanatics of the cryptocurrency). But I still think bitcoin will remain number 1 for years to come.
It did make a few fair points, (about the number of pumpers/fanatics of the cryptocurrency). But I still think bitcoin will remain number 1 for years to come.
The competitor won't have pumpers or won't have value? Tell me something that goes up in value quick without having pumpers. There's lunatics everywhere. Actually I think Bitcoin has the most amount of economically sane people of any community I've ever been subjected to.
How much has Jeffrey Robinson put his money where is mouth is what I wonder. He should be asked about how many shorts be bought since he's so sure it will fail.
"The lunatic delusional" ... bla bla bla very strong ad hominem there.
I debunked some of his arguments here
https://bitcointalksearch.org/topic/m.9404730
How does he think a currency like this spreads? Overnight, billions of people use it? That's not how things happen.
I debunked some of his arguments here
https://bitcointalksearch.org/topic/m.9404730
How does he think a currency like this spreads? Overnight, billions of people use it? That's not how things happen.
What a foul smelling appendage. Straight to ignore.
Honestly, I didn't mind the video.
It did make a few fair points, (about the number of pumpers/fanatics of the cryptocurrency). But I still think bitcoin will remain number 1 for years to come.
It did make a few fair points, (about the number of pumpers/fanatics of the cryptocurrency). But I still think bitcoin will remain number 1 for years to come.
Damn rich kids
Totally unregulated and scam-ridden marketplace.
What´s not to like for business and consumers.
What´s not to like for business and consumers.
He is right about businesses not holding them on their books.
There is just not any software that makes it easy for a business to hold bitcoins unless it is a small business where one person can control the money.
We need multi sig software that allows a department to have funds which trickle down to an employee being able to pay for things that they currently pay for by writing a check or getting permission from their boss to pay for. It simply does not exist.
There is just not any software that makes it easy for a business to hold bitcoins unless it is a small business where one person can control the money.
We need multi sig software that allows a department to have funds which trickle down to an employee being able to pay for things that they currently pay for by writing a check or getting permission from their boss to pay for. It simply does not exist.
+1
Because right now BTC is almost useless for any mid to large sized business unless its automated payment for goods which is instantly
transferred to fiat.
Bitcoin itself I dont think has gone wrong- and I will probably get a lot of flack here- but IMO the users are killing the currency.
Why? Because people who genuinely want to deal with bit-coins for their business get spat on and frowned at by the bitcoin community until they basically give up. I tried to sell a house last year for a client in bitcoin on the bitcoin talk forum- the moment I listed it had 'scammmm!' screaming from the rafters. So I just sold it on ebay to someone instead. Then the Bitcoins skyrocketed- So I thought why not try again. I was 'lolled' out of the forum being told that now bitcoins were far to valuable for the likes of property purchases.......so the bitcoins took a massive crash, I decided to give it a final push and accept bitcoin on my property purchases one last time, and there isn't even a hint of interest in the forums whatsoever. Did the bitcoin community kill itself with it's Arty zim level of smugness or something? From the outside looking in, it seems bitcoin is like that mythical girl who is so smoking hot, that she never thinks any guy is good enough until one day she is old ugly and realises she is going to die alone.....if you guys won't allow businesses to come into your community and start trying to actually deal with your currency for real world items then the only thing bitcoin is going to attract is scam artists. Sorry if I get a load of Neg replies on this but thats how it seems, and I'm waiting to be proved wrong.
THEN: May 28th, 2014
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
I really hope that $2k mark will be reached after christmas
I´m very interested in quantity so I hope it just muddles through for the next 1-2 years, maybe in the 250-400 range or so.
THEN: May 28th, 2014
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
I really hope that $2k mark will be reached after christmas
I disagree, hes basically just trying to make "freelancing" sound futuristic and cool - freelancing has been around and growing for a decade or more, but its not going to take over - maintream people cant do it, dont like the stress of it.... they NEED to work for someone else solidly and permanently... I'm more "freelance style" myself.. but its not for everyone and I dont think it ever will be.
Maybe so - but we didn't have nearly the number of people doing freelancing 20 years ago (the internet itself has made doing such work a lot more viable) so I do think it is a growing trend (but agreed that it is still far from being a *mainstream* approach to work).
THEN: May 28th, 2014
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
BTC to break $2,000 mark by Christmas – Experts
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts
So, you can just imagine the staggering overinvestment NOW in bitcoin mining.
Maybe the market is just trying to get rid of overcapacity.
A few big bankruptcies in the coming months would probably do wonders.
I think that we need an entire new way of working that fits in with the decentralised nature of Bitcoin - CIYAM Open is a vision for this (with Project Managers who pay Contributors to deliver Project Tasks and where there is no formal "job" at all).
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
I had read an article by a "futurist" around the same time I was learning about Bitcoin who thinks that "in the future people won't have jobs" but will contribute their skills to many different projects as small paid tasks.
That "futurist" may not have been far off the mark. That is essentially my sole source of income and has been for the past eight years, though I tend to contribute a bit more toward the projects I work on than would be described as small, paid tasks. However, I'm certainly not opposed to taking the small, paid tasks as well as they suit my interests. I've found that I have more success, more freedom and just generally more satisfaction in life since I've given up the wage donkey lifestyle. There's also the added benefit of being able to choose which jobs I do and don't want to do. I strongly encourage anyone who is highly self-motivated to give it a try. It can be difficult in the beginning but the potential rewards are well worth it. What's the worst that can happen? You fail and have to go back to having someone else tell you what to do. In short, take risks and love what you do.
I disagree, hes basically just trying to make "freelancing" sound futuristic and cool - freelancing has been around and growing for a decade or more, but its not going to take over - maintream people cant do it, dont like the stress of it.... they NEED to work for someone else solidly and permanently... I'm more "freelance style" myself.. but its not for everyone and I dont think it ever will be.
God that was painful, unbearable to watch that video, as with CNN in general. Things like mainstream media are reasons why I don't watch the idiot box anymore. Stupid old men talking about bitcoins. He praises the blockchain because everyone else does, yet bashes bitcoin because...
There is so much gluttony and ignorance.
There is so much gluttony and ignorance.
Can we take that as a buy signal?
I've been hearing about "buy signals" whole year.Every day I read bitcoin news it feel like I should buy more, then I look at the charts and think "wtf is going on?!"
People that understand Bitcoin are already "in". We have to wait until the next big wave.
But when it comes, it might be huge and sudden. That's why you just have to hold
and be patient.
Patience is the main thing. At this time, BTC is still producing an exorbitant number of coins every day. These coins (25x6x24) need to be bought each and every day at current rates or higher, just to maintain price. Even with BTC growth, that is a tall order.
Bitcoin is still at a very early stage in the game. If we can hold out until one more halving, we should we a steady increase proportional to the decrease we're currently experiencing.
Now is a great time to amass as many BTC as possible at these necessary lower rates. After the next halving, it will never be possible again.
Ah CNN.. tabloid level journalism..
Bitcoin hasn't gone wrong. At least, not yet anyway.
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