Topic: HOW LOW WILL WE GO! - page 2. (Read 4564 times)

I think that in a few weeks, when the dust has settled, we will see a months long period of stability +-<10%

Sure everyone belives your next promise after broken one you are just a troll.

I would like to nominate this for post of the day! Great read, thank you very much.

Lie. You aren't going anywhere.  If the price goes lower it will become more volatile %wise and thus more profitable to trade. Plus, you have nothing better to do.

Just look.

Are you saying bitcoin itself is a joke, or virtual currency is a joke?

In reality, virtual currency has been a mainstay for centuries.

Crypto currency may be relatively new, compared to green stamps of the golden era or marboro miles or flyer miles and all that but the virtual currency is long standing across the world. It's got zero intrinsic value but it's considered by everyone who uses it to be valuable and worth trading for products and services.

It's not the same as if Joe Blow walked into American Airlines and handed them a flower sticker and said hey, I want a ticket.

But the airlines conjured up the invisible equivalent in frequent flyer miles that add up and they can be used to actually fly on the plane somewhere.

Virtual currency is a way of life and it's not going anywhere. If anything, it's become ubiquitous throughout the world.

Crypto currency would be treated much the same way but has enormous difference to "green stamps" - and to say it's a joke and will die off as a scam or fad is to ignore the reality that governments would've ignored its very existence if it was nonsense. People demanding that Monopoly Money be considered currency would be laughed at. Not the first store would make a second's worth of effort to accommodate it as a unit of trade.

That they ARE accommodating it, that they are accepting it, that they are using it, doing business with it, having hearings about it, making rulings on it, and people are putting world currencies into it in trade and high investments and using it to buy and sell real stuff...society isn't treating Bitcoin or cryptocurrency as a joke or a scam or a fad.

They're making room for it in real ways...because they recognize its power, its security, and its potential as a game changer.

It's not going away anymore than the internet is going away and it'll be treated by governments and banks in the same manner - they'll treat it like a joke for awhile, then sit up and take notice, then make a bunch of rules and policies that will go ignored, then they'll give in and use it...or be considered a 3rd world entity nobody's going to deal with...and they'll try to make laws and enforce bans but it won't be anymore effective than banning p2p, digital media downloads, copyright, music files, movies, tv shows, gambling, sex, or anything else that is made possible by virtue of the internet....all these will be made just as possible by virtue of the crypto currency and payment system, like bitcoin, that will just evolve and become a way of life.

If you seriously can't see that, the only conclusion to be drawn is that you're 1. a troll who knows better and just having a go at people for the lulz, or 2. not smart enough to know what comes after inhale...and in either case, does not change the reality of bitcoin or its future.

As for the countries who are marginalized due to communism, well, as is the case in all populations, they have a choice: either make a damn choice to join the 21st century and rise up in revolution and overthrow communist regimes, or stay on their knees and comply with what someone else tells them to do because they're scared of getting shot. All this kind of rulership is seriously antiquated...people need to get up off their knees.

The rest of the world though is going through a paradigm shift...

He does not think so, on the contrary, he's simply trying to get people to sell them at a lower price

Joke is the person who thinks BTC is a joke...

it not currency and never will be, Bitcoin is a joke.

Hence the immsense growth potential

I hope this scenario becomes reality, until then it is just a guesstimate..

bitcoin is headings major support, look at the long term chart for it since it started. Bitcoin won't just crash outright overnight and a lot of people still think its valuable. Look at the chart on this article for proof of bitcoins support http://www.panture.com/bitcoin-support-level/

honestly people are being mislead by the media and are forgetting that BTC is very innovative and leads virtual currencies. Bitcoin will be around for years to come and theres no questioning that

well it doesn't matter how rare it can be if noone wants to buy it; game is over. You can't rely on rarity alone to price something, demand has to play a role at some point.

If i were to have a book that was a unique exemplaire but noone ever heard of it, well it would have no value no matter how unique and rare it is, so that reasonning is a part of the value system but not the whole of it. Other factors going into equation than rarity there

Who cares for bitcoin ?
99.9% of people on the planet do not know what is the Bitcoin.

If you try to make a correct pool, then remove the part with unrealistic and delusional option... it's not fair to influence the answer.

Otherwise, if you are just looking to FUD, and create panic change the topic and say something like I want you all to say we go as low as 0$

My two cents is that we hit the bottom: BTC will not get any lower than this. It will hover around the 430-450 USD mark, and then it's going to skyrocket again. What you all guys are ignoring is that BTC is a FINITE coin. It can have 21.000.000 only in total, and if from this amount some gets lost (people simply can't find their wallets, etc.), or "seized" by some government in a way or other, or China will ban it, and people from China will not be able to have their coins on the market the value actually HAS TO INCREASE, because bitcoin will become even more rare.

You're in the minority, that most people act so, today's price would be about $ 1,000,and not $ 450 as it is now
It is so simple and logical.

How do you know those people didn't actually buy at the price they said they would? I've bought some new coins myself between 400 and 610 the past two months, even though this raises my average entry price since I got in much lower. I just feel this is a good price right now so I bought. I would never go into debt or use all my fiat to buy though as I think that's a dangerous and stupid thing to do.

 

Classic

XD ok, anyway is there an actual charting software for alt-coins? i find cryptsy charts are a bit unreliable (and i can t plot indicators over it)

Paint from windows.