Falllllling was wrong altogether - page 2.

knight22

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--------------->¿?

Quote from: Mervyn_Pumpkinhead on July 01, 2015, 03:50:29 AM

Quote from: randy8777 on July 01, 2015, 03:34:26 AM

you forget something really important. instead of shitty pump and dump altcoins, bitcoin has a real purpose. and it's being used to buy stuff, send money from a to b, store value and so on.

In legal commerce it's just too inconvinient to be used for regular customers yet

FTFY

BillyBobZorton

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This is what will happen: Once the price starts getting high enough that whales start shaking, and so do peasants like you and me and the rest of non whales here, we'll dump, and as we are dumping, old money and serious fiat whales (non early adopter nerds) will start getting in, because they'll be convinced Bitcoin can recover from anything and at that point they would be stupid to not get it. As a result, nerd-whales and peasants that are hungry for some dollars/euro will be left of out the game as we march near unseen ATH and floors above the current ATH, since both groups will not be able to buy back-in.

Mehek

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Quote from: bigtimespaghetti on June 30, 2015, 02:17:18 PM

I hope you're right Hyena. Ready to get on the train rocket moon ride! Or something to that effect...

That is true. You are definitely right. I guess we will just have to wait and watch what time will bring to us. Although I think I know what is gonna happen , one can only hope for the better. Until then, brace yourselves, trolls. Live long.

Mervyn_Pumpkinhead

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Quote from: randy8777 on July 01, 2015, 03:34:26 AM

you forget something really important. instead of shitty pump and dump altcoins, bitcoin has a real purpose. and it's being used to buy stuff, send money from a to b, store value and so on.

What the bitcoin fanatics are unable to comprehend is that bitcoin has never been about utility in legal commerce. Bitcoin was practical in the black market, because it offered a relativly anonymouse way to make quick payments. In legal commerce it's just too inconvinient to be used for regular customers. The only effect that adopting bitcoin payments had to retailers, was to get free press and to get new loyal customers among the bitcoin fanatics.
Crypto has been about one thing and that is speculation. Those who are unable to see it, are unable to see though the BS that is being used to attract new greater fools. And bitcoin is currently a very unattractive speculation environment because too much speculator money is being siphoned out by the desperate miners whose "security contribution" is a joke.

randy8777

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Quote from: Mervyn_Pumpkinhead on July 01, 2015, 03:21:15 AM

The price is currently held up by a handful of corporate fools who are using their own money to support the market, so they can feed the mining farms enough to keep the price stable. Their hope is to keep confidence until they find more greater fools/investors to help them feed the market and pump their own coin value. What they're discovering though is that it's not very easy to sell bitcoin to the rich. Too many obvious questions arise that scare away sober minded people, like the question of the majority ownership of coin, and what guarantees does anyone have that someone won't just dump 1mil. coins on the market and make bitcoin unit value virtually worthless. I think that their best chances would be with some fund manager who is down with a little embezzlement through bitcoin.
Otherwise (what I consider to be the most probable outcome) the corporate fools will just run out of their money or their naive dreams, and the bitcoin market will collapse under it's unnecessarily large costs.

you forget something really important. instead of shitty pump and dump altcoins, bitcoin has a real purpose. and it's being used to buy stuff, send money from a to b, store value and so on.

Mervyn_Pumpkinhead

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Activity: 876

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The price is currently held up by a handful of corporate fools who are using their own money to support the market, so they can feed the mining farms enough to keep the price stable. Their hope is to keep confidence until they find more greater fools/investors to help them feed the market and pump their own coin value. What they're discovering though is that it's not very easy to sell bitcoin to the rich. Too many obvious questions arise that scare away sober minded people, like the question of the majority ownership of coin, and what guarantees does anyone have that someone won't just dump 1mil. coins on the market and make bitcoin unit value virtually worthless. I think that their best chances would be with some fund manager who is down with a little embezzlement through bitcoin.
Otherwise (what I consider to be the most probable outcome) the corporate fools will just run out of their money or their naive dreams, and the bitcoin market will collapse under it's unnecessarily large costs.

Paashaas

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Quote from: Hyena on June 30, 2015, 02:10:14 PM

the football cannot be held under water any longer.

I like this one Cheesy

Greendragon

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Quote from: Omikifuse on June 30, 2015, 06:04:35 PM

If he was here he would say it is just a small dead cat bounce and soon we would start our inevitable travel back to nowhere but to 0

Omikifuse

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If he was here he would say it is just a small dead cat bounce and soon we would start our inevitable travel back to nowhere but to 0

Chef Ramsay

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Quote from: massimies on June 30, 2015, 03:21:14 PM

I'm waiting duckfucker's opinion. Roll Eyes

LOL!! Considering the dude sold so low and probably sold his account to trollcrotch of half a coin, so am I. Cheesy

Natalia_AnatolioPAMM

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You're definitely right. But we'll see it all only in a while

massimies

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I'm waiting duckfucker's opinion. Roll Eyes

coolcoinz

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A troll was wrong who'd have guessed Lips sealed

spazzdla

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I agree with this,

I forsee something like a massive bulltrap around the 5-600 range dipping down a good 30% then BOOM.

bigtimespaghetti

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bigtimespaghetti.com

I hope you're right Hyena. Ready to get on the train rocket moon ride! Or something to that effect...

Hyena

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Bitcoin is massively undervalued and the football cannot be held under water any longer. There will be no next dead cat bounce. It is time for another breakout and all the paid trolls have suddenly disappeared. That's because their masters have shaken out all the weak hands and accumulated enough cheap coins. They are playing for a pump now. We will be dumped on in the future but in the meantime we have our chance to dump before the whales do. Prepare for the climax when massive media attention hits Bitcoin and winglkleswiis announce their ETF. Right now it is the last chance to buy undervalued bitcoins.

Topic: Falllllling was wrong altogether - page 2. (Read 2291 times)