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.
Topic: Damn, any day this should pop below $300 - page 5. (Read 4720 times)
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
stopped reading right there...
Stopped reading right there^. Always read the entire post you're replying to.
That said, I'll reply to the shit I know you said because psychic:
>price weak,
yes
>technology weak,
not so much weak as outdated
>innovative weak
6 years in beta? pretty weak, ya
>or what exactly do you mean when you say bitcoin is weak?
all of the above.
>Did you hear about sidechains,
sure did. like Microsoft running Win 3 on top of DOS
>Microsoft accepting Bitcoin
Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me.
>possibility to buy BTC in fuc*ing Kenya
I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you?
>you don't need bank to move your value
if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting?
- price weak
not for me, i bought around 100, so for me it is very strong
-technology outdated
sidechains are pretty innovative and technology strong, leaving all alts behind, because almost all alts features can have BTC too
- innovative weak
again, sidechains, OpenBazaar, Lightouse projects...so don't think so...also the alts are lucky, that the BTC has to fight every problem as first...so they can't make big changes overnight, because if BTC would fail now, almost all alts would fail right now too
all of the above - just another point of view, also with sidechains, OpenBazaar, Lighthouse etc, the innovation and technology should grow faster
- sidechains
totally different, which shows how little you know about it
- Microsoft - you don't know if they don't keep % of the revenue in BTC...you would accept toilet paper, Microsoft would not
- Kenya - it surely excite the people in Kenya, so it does excite me too as i am happy they can transfer value finaly, which they could not in some places
- not volume, but value...Bitcoin costs 310 USD right now, so what shitcoin are you talking about?
Did you lost all your 0.2 BTC during trading and that is why are you so butt-hurt??
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
stopped reading right there...
Stopped reading right there^. Always read the entire post you're replying to.
That said, I'll reply to the shit I know you said because psychic:
>price weak,
yes
>technology weak,
not so much weak as outdated
>innovative weak
6 years in beta? pretty weak, ya
>or what exactly do you mean when you say bitcoin is weak?
all of the above.
>Did you hear about sidechains,
sure did. like Microsoft running Win 3 on top of DOS
>Microsoft accepting Bitcoin
Microsoft is accepting dollars through a payment processor. For select digital content. I'd accept toilet paper if I never had to touch it & somebody converted it into USD for me.
>possibility to buy BTC in fuc*ing Kenya
I'm sure it's possible to buy many things in Kenya, including Beanie Babies. Why does this excite you?
>you don't need bank to move your value
if by volume you mean bitcoin, then sure. I also don't need a bank to move shitcoin. Why is this exciting?
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
stopped reading right there...Bitcoin is weak as a price weak, technology weak, innovative weak or what exactly do you mean when you say bitcoin is weak? Did you hear about sidechains, about Microsoft accepting Bitcoin, about the possibility to buy BTC in fuc*ing Kenya, about the fact that you don't need bank to move your value? Duh...I dont get some of the people here
if you don't trust in Bitcoin, what are you doing here? Would not be better instead of writing 10000000000th prediction based on numbers you just pulled out of your ass to help Bitcoin to grow somehow and invest the energy to something, that we could all benefit from? But hey, it is better to start another 10000000000000000000000000000th useless thread....welcome to my ignore listAhhhhhh, it feels sooo good...
We need a bearwhale to get below 300.
yeah, bitcoin almost died, almost like you 'predicted', last time it went south to $2 from its first run up in 2011. Edward, why are you still here, on this forum?
Wouldn't be a bad a idea to have a buy order sitting around 270 just in case it touches down before launching
Another random opinion. Thanks for creating a thread for it.
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 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.
There is a lot of new alt-coin that is capable of replacing bitcoin but no body trust them, people still trust bitcoin because its the first and the oldest. So no, I don't think there will be any alt-coin replacing bitcoin in terms of value..
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 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.
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