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Topic: Does $280 makes you hope again? (Read 3766 times)

hero member
Activity: 1022
Merit: 500
January 10, 2015, 09:23:24 AM
#73
I feel like it is going to sort of normalize around its present value, maybe a bit less, for a while

It has been between 270 and 300$ for a few days which is putting a lot of pressure on miners but it should go up again in the future.
Is what we all hope.

500$ seemed cheap and now we are at 280$ which is really cheap relative to the price that we will have when the legislation and use of Bitcoin are better and when fiat currencies fail.
sr. member
Activity: 252
Merit: 250
January 09, 2015, 11:25:33 PM
#72
I feel like it is going to sort of normalize around its present value, maybe a bit less, for a while

It has been between 270 and 300$ for a few days which is putting a lot of pressure on miners but it should go up again in the future.
Is what we all hope.
sr. member
Activity: 434
Merit: 250
January 09, 2015, 10:42:20 PM
#71

Sure it will go up next weeks

nope
stuck at $280
dream to comeback at $1200
sr. member
Activity: 256
Merit: 250
January 09, 2015, 04:08:45 PM
#70
I feel like it is going to sort of normalize around its present value, maybe a bit less, for a while

It has been between 270 and 300$ for a few days which is putting a lot of pressure on miners but it should go up again in the future.
Sure it will go up next weeks
hero member
Activity: 1022
Merit: 500
January 09, 2015, 04:07:49 PM
#69
I feel like it is going to sort of normalize around its present value, maybe a bit less, for a while

It has been between 270 and 300$ for a few days which is putting a lot of pressure on miners but it should go up again in the future.
sr. member
Activity: 256
Merit: 250
January 09, 2015, 03:41:05 PM
#68
At least increase little from last time 260 $ is terrible
hero member
Activity: 770
Merit: 629
January 09, 2015, 03:11:53 AM
#67
Yes, satoshi expected adoption to take decades - but that's not how it went so he was wrong.

No, I still think he's right on that.  Adoption is by far not general, and will take decades IMO.
The only thing that happened was that speculation pumped up the price way way higher and faster than he probably expected, and now we're in for a big correction after all disappointed "quickly to the moon" dreams turn out a bit premature.

Quote
The real question is: Will we modify bitcoin for faster adoption? Or will be just relaunch it according to the nature of the informationflow on the internet? Or we just tell everyone to go back home and forget about it until next 10 years?

The last part.  Which was the idea from the beginning.  You don't even have to TELL it anyone. 
Of course a potential change in the fundamentals of money will AT LEAST take a few decades.  It is much more than a technological adoption.  It is a total change in the way one does finance, economy and in the perception of value and money.  That takes at least a generation.  No wonder Satoshi programmed the creation of the coins over 140 years.
Thinking that accepting a totally new money would be similar to the adoption of facebook is ridiculous.
Even much more modest changes took decades.  The releasing of gold from fiat took almost a century.  Accepting e-mail as "legal document" took a few decades since the invention of e-mail.  What did you expect ?

Whether it works out or not is a big question.  But the answer will not be available before a few decades.

The fast rise in price by pure speculation (essentially on "to the moon soon") is a problem, because instead of a slow rise which would have comforted adoption, we will probably witness a very long decline until fundamentals are met.  A long decline history is much worse than a slow rise history.

sr. member
Activity: 356
Merit: 250
January 08, 2015, 11:04:23 PM
#66
I feel like it is going to sort of normalize around its present value, maybe a bit less, for a while
legendary
Activity: 1176
Merit: 1010
Borsche
January 08, 2015, 05:51:33 PM
#65
they come here to warn us, brave selfless soldiers of truth Smiley so adorable with the fear mongering I almost want to give them candy.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
January 08, 2015, 04:24:34 PM
#64
Just look at all these newbie trolls! It's the Fail Army!
member
Activity: 84
Merit: 10
January 08, 2015, 01:01:04 PM
#63

Meanwhile following a double bottom and a year long bear market short interest is at an all time high.

Keep shorting retail.

yeah, it's a doublebottom after a tripplebottom. You'll get lots more double and tripple bottoms on the way down.

Yes, satoshi expected adoption to take decades - but that's not how it went so he was wrong.
The real question is: Will we modify bitcoin for faster adoption? Or will be just relaunch it according to the nature of the informationflow on the internet? Or we just tell everyone to go back home and forget about it until next 10 years?

This holding on to a faulty coin has become UNHEALTHY!

always excuses, can't they stop fuding people to buy bags?
$700 is bottom
$600 is real bottom
$400 it can't be..
..
$280 to da moon..
..
$1?

at one dollar they tell you "didn't you get out? You had plenty of time."

Permabulls are just permabulls for the sake of unloading their bags. I hope you don't fall for their bullshit.
newbie
Activity: 8
Merit: 0
January 08, 2015, 12:42:02 PM
#62

Meanwhile following a double bottom and a year long bear market short interest is at an all time high.

Keep shorting retail.

yeah, it's a doublebottom after a tripplebottom. You'll get lots more double and tripple bottoms on the way down.

Yes, satoshi expected adoption to take decades - but that's not how it went so he was wrong.
The real question is: Will we modify bitcoin for faster adoption? Or will be just relaunch it according to the nature of the informationflow on the internet? Or we just tell everyone to go back home and forget about it until next 10 years?

This holding on to a faulty coin has become UNHEALTHY!

always excuses, can't they stop fuding people to buy bags?
$700 is bottom
$600 is real bottom
$400 it can't be..
..
$280 to da moon..
..
$1?
member
Activity: 84
Merit: 10
January 08, 2015, 12:30:16 PM
#61

Meanwhile following a double bottom and a year long bear market short interest is at an all time high.

Keep shorting retail.

yeah, it's a doublebottom after a tripplebottom. You'll get lots more double and tripple bottoms on the way down.

Yes, satoshi expected adoption to take decades - but that's not how it went so he was wrong.
The real question is: Will we modify bitcoin for faster adoption? Or will be just relaunch it according to the nature of the informationflow on the internet? Or we just tell everyone to go back home and forget about it until next 10 years?

This holding on to a faulty coin has become UNHEALTHY!
hero member
Activity: 1022
Merit: 500
January 08, 2015, 12:14:35 PM
#60
and its coming down again which makes me cry :* ( +_+ hop3 it get back to 1k Tongue  Roll Eyes Roll Eyes Roll Eyes

The price will likely come back to 1K in 2015. Right now we need to solve the bitstamp problem.
sr. member
Activity: 378
Merit: 254
January 08, 2015, 12:04:17 PM
#59

I try not to invest too much in abandoned beta projects.  What's it up to now?  0.10.0rc1 after 6 years?  Cheesy
Whats difference if it would be 10.0 or 0.10?

The difference is 9.9.  Protip: Don't use beta software for critical applications.
Thank you captain obvious, it was irony.. Doesn't matter what is version number, it could be 451234rc1 too..

Teh "rc" in the version number stands for "Release Candidate."  That, my friend, spells Beta with a capital F (which, in turn, stands for "failed to get out of beta after 6 years").
I know, so what? Google Gmail had beta status for nearly 6 years too, until 2009.

Not quite 6 tho.  Bitcoin's a clear winner! Undecided

member
Activity: 102
Merit: 250
January 08, 2015, 11:36:29 AM
#58

I try not to invest too much in abandoned beta projects.  What's it up to now?  0.10.0rc1 after 6 years?  Cheesy
Whats difference if it would be 10.0 or 0.10?

The difference is 9.9.  Protip: Don't use beta software for critical applications.
Thank you captain obvious, it was irony.. Doesn't matter what is version number, it could be 451234rc1 too..

Teh "rc" in the version number stands for "Release Candidate."  That, my friend, spells Beta with a capital F (which, in turn, stands for "failed to get out of beta after 6 years").
I know, so what? Google Gmail had beta status for nearly 6 years too, until 2009.
full member
Activity: 168
Merit: 100
January 08, 2015, 11:24:34 AM
#57
and its coming down again which makes me cry :* ( +_+ hop3 it get back to 1k Tongue  Roll Eyes Roll Eyes Roll Eyes
sr. member
Activity: 378
Merit: 254
January 08, 2015, 11:22:05 AM
#56

I try not to invest too much in abandoned beta projects.  What's it up to now?  0.10.0rc1 after 6 years?  Cheesy
Whats difference if it would be 10.0 or 0.10?

The difference is 9.9.  Protip: Don't use beta software for critical applications.
Thank you captain obvious, it was irony.. Doesn't matter what is version number, it could be 451234rc1 too..

Teh "rc" in the version number stands for "Release Candidate."  That, my friend, spells Beta with a capital F (which, in turn, stands for "failed to get out of beta after 6 years").
hero member
Activity: 1666
Merit: 565
January 08, 2015, 11:16:34 AM
#55
In a single digit range Bitcoin
...
store of value, a digital asset with sound money properties.
...

LOL Bitcoin was the worst investment of 2014, 85% lost, it will soon be 99% lost along with this downtrend

Your sums are wrong little troll.

so, tell us, what is the worst investment of 2014?

sadly, i think he was right Sad
member
Activity: 102
Merit: 250
January 08, 2015, 11:09:59 AM
#54

I try not to invest too much in abandoned beta projects.  What's it up to now?  0.10.0rc1 after 6 years?  Cheesy
Whats difference if it would be 10.0 or 0.10?

The difference is 9.9.  Protip: Don't use beta software for critical applications.
Thank you captain obvious, it was irony.. Doesn't matter what is version number, it could be 451234rc1 too..
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