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Topic: Damn, any day this should pop below $300 - page 3. (Read 4720 times)

full member
Activity: 616
Merit: 103
December 30, 2014, 07:37:01 PM
#50
people are searching for "4chan" about three times for every 1 search they do for "bitcoin"

my opinion: this looks really grim and i honestly don't see recovering it - why should it? It didn't recover all year. Maybe will never. Maybe it  was really just a fad and people have grown out of it.

After all it doesn't make sense to hold bitcoin with this inflation it has. It's really only loosing you money. People don't know it, don't want it,don't understand it and don't have the time for it. Let alone are interested in holding with all the hassle and risk that comes with  it. It just requires too  much study for a sane grownup to get invested. It's very hard to handle safely and very hard to access. So why should people invest in it? The fad has faded. Get ready for a plunge. It's pretty much over for now.
legendary
Activity: 840
Merit: 1000
December 30, 2014, 07:32:52 PM
#49
I've been watching for the past week as it looks very weak and have been expecting it to break below $300. Damn, any day now it should go. I think the only thing holding it up are highly invested bag holders.

I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is and let people finally know that maybe bitcoin isn't going to just go higher so you can become rich.

I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.
i don't think price up and down will make a big effect as we have seen top and bottom ourselves
about new coin replacing bitcoin , i think bitcoin will on top always because it is the root of crypto currency world
full member
Activity: 616
Merit: 103
December 30, 2014, 07:18:57 PM
#48
go to google trends

people are about as interested in bitcoin as they  are in creepypastas (short horrorstories written by amateur teenage writers).

Interest in bitcoin is as big as in one of the smaller non-mainstream niches for entertainment with stories from hobby-writers. Think about that.

You'd probably be more successfull selling people a short story from an unknown teenager first-time-writer as you'd be selling bitcoin to them.

There's about 20 searches for "pokemon" for every 1 search on "bitcoin"

So, yeah. Bitcoin is wildly successfull in changing the world (not) Roll Eyes

Seriously, it's not even close to competing with a gameboy-game for 6 to 14 year olds
member
Activity: 112
Merit: 10
December 30, 2014, 06:51:22 PM
#47
Bitcoin is doin just fine. Actually a stabilized price is the best thing happened to bitcoin.

Price goes down, btc holders cry; price goes up fiat holders cry.

Just stay still and everyone is happy.

You're forgetting that trading bitcoin is just a socially (and thus far in US, legally) acceptable form of gambling.
But what good is a nearly-dead casino where few lose but no one ever wins? 
legendary
Activity: 3276
Merit: 2442
December 30, 2014, 06:37:53 PM
#46
Bitcoin is doin just fine. Actually a stabilized price is the best thing happened to bitcoin.

Price goes down, btc holders cry; price goes up fiat holders cry.

Just stay still and everyone is happy.
legendary
Activity: 1722
Merit: 1004
December 30, 2014, 06:27:13 PM
#45
Here is OP posting on the exact day of the 2011 low:


I think most people have been holding off selling when the price dropped to around $3.00. But now that it has been dropping slowly from that price point, I think it will be very soon that people will start to dump their coins.


There will be some resistance around $2.00, Even with the manipulator trying to push it higher, he has failed. IT seems that the price will fall to about $1.00. I think that will be the bottom. Expect some bouncing, but each bounce is weaker and weaker.


Note that the bottom was *double* what he said it was gonna be... Oh, and the fact that he was making many of the same general arguments about bitcoin's doom and impending price collapse when the price was 100-fold lower than today.

Maybe we should have a rating system where if you're consistently wrong with testable predictions for years, you don't get to start new threads.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
December 30, 2014, 05:42:15 PM
#44
I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.

Actually, Ethereum could possibly do it. That's why I've taken my seat in that train. Ethereum is so deep and so well thought of, it's the 2nd biggest crowdfunding in history, can't wait for the day it launches.

The most deep and well thought of vaporware in the history of crowdfunding. Can't wait till it fails
legendary
Activity: 1176
Merit: 1000
December 30, 2014, 05:40:54 PM
#43
Not really sure why you lot haven't figured out the lambtroll is SilverSpoon.

Perhap he was banned. Perhaps the fact a simple glance at his >5200 posts since March 2014 bashing bitcoin made him an obvious troll.

Either way be careful trading with him - he had a -ve trust rating with his other account.


Oh and edward50, you belong to a special group on here, XiaoXiao and Nagle included. You had the opportunity to buy bitcoin in 2011, but you argued against it then as now. Perhaps your luck will change? Smiley
hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
December 30, 2014, 05:35:03 PM
#42
I've been watching for the past week as it looks very weak and have been expecting it to break below $300. Damn, any day now it should go. I think the only thing holding it up are highly invested bag holders.

I think a break below $300 will be the start of the capitulation that a lot of bears are waiting for. It should signal just how weak bitcoin is and let people finally know that maybe bitcoin isn't going to just go higher so you can become rich.

I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.
Just how big is the network, supporting this new coin that is going to replace bitcoin?
legendary
Activity: 3808
Merit: 1723
December 30, 2014, 05:04:19 PM
#41
I know. But it probably won't be this week but next week because of the Christmas holiday.
full member
Activity: 156
Merit: 100
December 30, 2014, 04:43:12 PM
#40
I like the open baazar idea, haven't kept up with the latest information.

However, it still sucks to use bitcoins for it because of the price fluctuations and the fees involved with buying and selling bitcoins.

For most products it will still make sense to use ebay and pay the fees because most people simply won't use open baazar if all they accept is bitcoins. You're going to get a lot more money for your product on ebay even with the fees than on open baazar.

Of course if you can sell illegal items like drugs on openbaazar then that is a different story.,

Using bitcoins only complicates things that USD does so much more easily. In Europe they are also able to transfer cash much easier and cheaper with their bank transfers.



What is Bitshares Video

https://www.youtube.com/watch?v=XaY_KIsouTY


What you are wanting is bitUSD, a market pegged asset within Bitshares. We also have bitGLD,bitSLV, bitCNY and even bitBTC.

https://github.com/BitShares/bitshares/releases/tag/v0.4.27.2

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
December 30, 2014, 04:26:16 PM
#39
I'll say this, when I actually used bitcoin I was never happy about the slow times to transfer coins. The constant fees being charged to covert to other coins. I won't talk about the money I lost at mt. gox but luckily I made money with NXT coin to make up for that loss.

I felt like I was constantly paying fees to exchange sites.

I didn't like the how bloated bitcoin has become, especially when I had to download the blockchain that was very large and growing rapidly.

I didn't like having any money sitting on the exchanges. I didn't trust the safety of my wallets with all the malware out there today.

None of these fears I have with holding stock and USD cash. Easily exchangeable to any other currency in the world with no fees.

I just don't see bitcoin taking off. It had its popularity with china, which I never expected china to allow it to flourish like it had.

Anyone trying to invest in bitcoin now are really taking a huge risk. If you want to speculate with digital currency then buy into another coin.

So people should take you seriously given you lost money at mtgox? If you couldn't see that scam/blackhole coming not sure you can see much. Bitcoin may go below $300 but there isn't a coin that will replace it any time soon. The network effect is too strong given the first mover advantage.
sr. member
Activity: 341
Merit: 250
December 30, 2014, 03:49:59 PM
#38
I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.

Actually, Ethereum could possibly do it. That's why I've taken my seat in that train. Ethereum is so deep and so well thought of, it's the 2nd biggest crowdfunding in history, can't wait for the day it launches.

When is the launch date likely to be?
sr. member
Activity: 378
Merit: 250
December 30, 2014, 02:49:24 PM
#37
In euro's it already popped a long time ago below 300. I honestly think nothing much more will happen just because it drops below 300.
legendary
Activity: 895
Merit: 1001
December 30, 2014, 02:43:19 PM
#36
price will go back to 2012  Undecided
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
December 30, 2014, 02:20:11 PM
#35
I think a new coin will soon come up and replace bitcoin for the #1 spot and this will be a very bad blow to bitcoin. This I think may happen in 2015.

Actually, Ethereum could possibly do it. That's why I've taken my seat in that train. Ethereum is so deep and so well thought of, it's the 2nd biggest crowdfunding in history, can't wait for the day it launches.
member
Activity: 112
Merit: 10
December 30, 2014, 01:21:40 PM
#34
you don't have to wait 12 hours, one confirmation only takes 10 minutes, so please send in 15 minutes after confirm, ok?

different time zone possibility...the confirmation could come when i would sleep, that is why i wrote 12 hours max

Don't backpeddle.  You tried to scam me once already, if anyone should worry it's me.  My guess is you're bluffing.
You challenged me, not the other way around.
Now set up the escrow & send your coins or STFU, K?
hero member
Activity: 748
Merit: 500
December 30, 2014, 01:18:09 PM
#33
you don't have to wait 12 hours, one confirmation only takes 10 minutes, so please send in 15 minutes after confirm, ok?

different time zone possibility...the confirmation could come when i would sleep, that is why i wrote 12 hours max
hero member
Activity: 748
Merit: 500
December 30, 2014, 01:15:54 PM
#32
OK, you're on.
Send your 10 BTC to John K.  Waiting for verification from him.

You first, i don't trust you AT ALL that you even have 10 BTC, don't want to pay John K.'s fee for nothing so you would just dump your account and create a new one...after you will send it and i recieve verification, i will send it until 12 hours

Brah, you challenge me to a bet and back out?  Here, have your balls back Smiley



I don't back out, i am ready to send it...But since you are acting like hyper troll, i don't trust you at all that you will honor this bet and after i will send it, you will dump your account immediately, i don't want to pay fee for nothing...I on the other hand, don't want another account, i want this one only...
member
Activity: 112
Merit: 10
December 30, 2014, 01:10:08 PM
#31
OK, you're on.
Send your 10 BTC to John K.  Waiting for verification from him.

You first, i don't trust you AT ALL that you even have 10 BTC, don't want to pay John K.'s fee for nothing so you would just dump your account and create a new one...after you will send it and i recieve verification, i will send it until 12 hours

Brah, you challenge me to a bet and back out?  Here, have your balls back Smiley

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