Topic: Confirmed Bad News Sources Thread - No FUD, Just Facts!!!1 - page 36. (Read 43627 times)

Ever notice how many "bears only" threads there are?

Is there even a single "bulls  only" thread?

Why are bears so defensive?

 

In seriousness? That's not a bad argument; any big new retail outlet accepting BTC via Coinbase-like services (which immediately cash out to fiat) might easily end up being short-term bearish, because it creates a situation where people who want to spend instead of sell are more likely to spend in a way that'll also cause a sale. On the other hand, it's long-term bullish, because it increases the usefulness of BTC... so it's not bad news for Bitcoin. Just for tomorrow's pricepoint.

Maybe I'm just used to proudhon's style, but to me his posts seem to be so soaked in sarcasm that it is unmistakable.

Proudhon, man, c'mon, really? Are we really doing this?

I mean, it's nice to see that you're optimistic about BTC again, but this kind of caricature is going to get a bunch of the newer folks thinking you're being sincere.

They are coming to take all bitcoins back! So you must hide them - print all out and put in the holes in the ground, then destroy all computers, they shall not pass!

You guys havent read the worst news by far yet!
The chinese space agency has confirmed that Satoshi was actually an alien from the far away planet Coinya. Their inhabitants use a SHA256 based currency as their sole monetary system  Those aliens arent advanced enough to produce ASICs and Satoshi compromised their whole financial system with ASICs produced on earth. As you may expect they are now angry and out for revenge, and while chip production isnt excactly their strong area they are capable of interstellar flight and have death stars. The transmission the chinese space agency intercepted is as follows:
ALL YOUR BASE ARE BELONG TO US! YOU HAVE NO CHANCE TO SURVIVE! MAKE YOUR TIME!

Well, I think that most of this is FUD
Only point that I agree on was 1. The Chinese government has made a clear anti-bitcoin stance by saying that they don't want to see any legal business activity involving bitcoins.
It made me wonder on why did they change their stance when they were pro-bitcoin at November?
In my theory, the Chinese govt. thought at first that BTC could be a threat to dollar as an global currency. They thought that BTC could actually be a monetary system what is free from leeches of the western financial world. So they thought that promoting BTC is actually good for China and therefor the piece covering/promoting bitcoin was shown on an chinese national news program that is known for government propaganda. And remember that the news piece was the actual start of this new rise that started in autumn.
Now, why did they suddenly change their stance on the start of December? I think that the reason was that they gave further studies into the nature of bitcoin and it's market system. They probably discovered the "public secret" that most of the BTC are actually owned by the same people who profit most on the success of the dollar. They discovered that most of the bitcoin is owned and the market system is run by groups from wall street. Then they saw that with promoting BTC in China, they are actually helping wall street players to rake up money from the Chinese people.

I posted this in the press section so here are the links

https://bitcointalksearch.org/topic/2014-01-13-the-canberra-times-young-mans-death-highlights-the-tragic-413084

http://www.canberratimes.com.au/nsw/young-mans-death-highlights-the-tragic-reality-of-online-illegal-drug-stores-20140111-30nnp.html

https://www.change.org/en-AU/petitions/tony-abbott-commence-an-inquiry-into-bitcoin-it-s-protecting-drug-dealers

and the quote:
PS: For the record, I am a bull but I believe many of the bears will appreciate this.

wrong thread bad news only please 

The fact is, most of bitcoin hodlers have already ROIed and made some extra cash in their account, while still holding majority of their coins. So they don't have any motivation to sell the coins, even all the coins drop to $1. But if they hodl majority of their coins, the sell pressure will disappear very quickly

There is only 11 million coins in existence and about 1 million coins are in circulation, and I'm quite sure there are more than 1000 guys who want to get 1000 coins to play with

Edward 50 agrees, it's BAD:


I <3 this thread!  


10/10 analysis. AAA+

Not that I disagree that a price fall this month is very likely, but Proudhon is being just retarded lol.

So retarded it is entertaining. Keep it coming. 

I'm up well over 100x my original outlay over the last few years.  All I had to do was listen to Nagle and Proudhon...and do the opposite.

Yup, China are waking up and getting to their internet cafe's kicking of the day with a a series of red candles, with markedly higher volume than normal for the time of day.

Ominous.

Chinese propaganda machine is powering up, first cryptocurrency war in human history is about to begin, if you're not in Fiat, prepare for pearl harbour.



XX-Jan-2014 - Never forget.

China is perhaps the most plausible state that might attack BTC (on top of just banning it), as they have a track record of trying to control the internet and currency so BTC is kind of a big red cape being waved in front of them.  But I find it very unlikely that they would do so until AFTER their end of January deadline that they gave their domestic market to *Arnold Schwarzenegger voice* GETT OOOUT!  Their goal is to minimize social disruption after all and jumping the gun would presumably cause that.  I'm still rather skeptical of any state attack in cyber-space implausible, arresting people in meat-space is just SOOO much easier for the state.

As for Overstock, these one day salves figures are like Ron Paul 'money bombs' they seem flashy but the real economic impact comes from the sustained sales activity.  Also I'm reading that the CEO is a libertarian and spouting 'fight the man' nonsense indicating this is an ideological rather then market decision which makes it much less of a true test of anything other then that wealthier libertarians are as easily sucked into the BTC phenomenon as poor ones.

Bitcoin will never go to 0. I can guarantee that.

 I'll buy every coin for .0001 USD each, put them back on the order book and wait for a resurrection.

In other news, I do see cheap coins coming before the 31st.

It takes a while for enough market participants to internalize news to get things moving.  That seems to have happened now, so expect the downward trend to continue until bitcoins are worth $0.

Looks like the markets are reacting to these confirmed and approved news, nice!

That's Asia for you