Author

Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 126. (Read 631983 times)

legendary
Activity: 3948
Merit: 11416
Self-Custody is a right. Say no to"Non-custodial"
No, we're not. Not yet. Until we get rid of the greedy scammers and the scum. And until the greedy people stop being greedy. But that's never gonna happen.


The more money there is in bitcoin (i mean as the price of bitcoin goes up), the more motivations that there are for scammers to figure out ways to exploit various weaknesses in bitcoin (whether that is taking transactions off the blockchain or some other schemes to obtain the bitcoins of others).

You mean like all the ASIC companies and the thousands of miners who got robbed blind by pre-order scams? How about the half a billion dollars in coins Empty Gox made disappear? First Pirate Savings & Trust?

There are a lot of examples, and yes, you are correct that examples go back to times in which bitcoins were NOT worth very much - however, many of us must admit that there has been increased awareness and security measures for securing bitcoins - nonetheless, my main point(s) seems to be that incentives to employ various scandals goes up as the value of BTC goes up - yet, even if the value is low, there still could be opportunity to engage in scandals.
legendary
Activity: 1540
Merit: 1000
Same for me as well, but I'm not giving up, I have a number of projects in the work that should make me some money one way or the other.
legendary
Activity: 3542
Merit: 1966
Leading Crypto Sports Betting & Casino Platform
At the rate I am going, I will stay one of the poor ^Sniff^

It's been a year and I have not even accumalated 1 Bitcoin. ^Cry^
member
Activity: 65
Merit: 10
Hope we have a good week this week.
What would a "good week" be like?

$10,000 by Friday.

You saw it here folks.

Maybe that will happen in your dreams.. And maybe my dream too.
legendary
Activity: 1148
Merit: 1001
Everyone needs to quite complaining & buy some more Bitcoin.

Welcome Newbie.  Smiley

I agree.  Buy more BTC!  Cheesy
newbie
Activity: 2
Merit: 0
Everyone needs to quite complaining & buy some more Bitcoin.
newbie
Activity: 2
Merit: 0
http://oneyearbitcoin.info

Looks like 55% positive over the last year.  

A ton more over 2, 3, and 4 years.

It is important to keep some perspective.  Early 2013 people were scoffing at the notion of hitting $50, let alone over $1000.  Anything is possible.  

Transaction volume is roughly twice what it was last year, every day more and more people learn about bitcoin's uses.  Side-chains will be ground-breaking, ETF etc.



Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.



Thanks for bring to our attention that it isn't as bad as it seems it seems the community is losing hope and thats the last thing we need.
legendary
Activity: 4270
Merit: 1313
http://oneyearbitcoin.info

Looks like 55% positive over the last year.  

A ton more over 2, 3, and 4 years.

It is important to keep some perspective.  Early 2013 people were scoffing at the notion of hitting $50, let alone over $1000.  Anything is possible.  

Transaction volume is roughly twice what it was last year, every day more and more people learn about bitcoin's uses.  Side-chains will be ground-breaking, ETF etc.



Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.


full member
Activity: 486
Merit: 100
Hope we have a good week this week.
What would a "good week" be like?

$10,000 by Friday.

You saw it here folks.
Bitpool. A shitty idea to begin with
sr. member
Activity: 714
Merit: 251
Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.



Seems like you've lost your drive & hunger for Bitcoin....what you don't understand is Bitcoin isn't just about how much it's worth. It's a concept which at the moment is suceeding maybe not on a huge level but if someone told you about this new concept 6 years ago and said within this amount of time it would reach highs of $1000 you would of laughed.
All it takes at the moment is a whale to delve into Bitcoin and spend a huge amount which will raise the value and bring more attention from media which means more people will be interested in Bitcoin.... or we have a major hack again or something similar of nature which would again bring media attention which would be seen by millions & again even though it's bad news many more people will of heard of Bitcoin and will search up on it.
You might be right it dropping down to double digits...but your not right on people not buying...a huge lot of people are buying Bitcoin. What I think is happening is a lot of people are using the payment processor bitpay which sells their Bitcoin for fiat as soon as they recieve it which decreases the value of Bitcoin. If people stop using bitpay & similar companies then we should see a rise again. Everyone thought bitpay was a great company but in actual facts it's damagining the Bitcoin value & community in general. There are a number of other major factors like more sell orders than buy order but thats obvious & talked about far more often than the point I brought up.



I lost thousands via BFL like a lot of ppl on here. Are you saying maybe that will pay for itself if the bad press makes a good effect in the long run? I guess it's a possibility although I havent seen any press on this BFL fiasco just yet.
legendary
Activity: 1148
Merit: 1001





Thought I would remind people of this prediction that was predicted to happen in 2016. Now things have changed what's your prediction for 2016?

Just because we are below the trend line does not mean that the trend line is not still accurate.

I predict $100,000 for 2106.  Grin
hero member
Activity: 616
Merit: 500





Thought I would remind people of this prediction that was predicted to happen in 2016. Now things have changed what's your prediction for 2016?
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.



As positive im trying to be about BTC mooning, or at least seeing some GOOD rise, I think this guy above is right Sad
hero member
Activity: 616
Merit: 500
Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.



Seems like you've lost your drive & hunger for Bitcoin....what you don't understand is Bitcoin isn't just about how much it's worth. It's a concept which at the moment is suceeding maybe not on a huge level but if someone told you about this new concept 6 years ago and said within this amount of time it would reach highs of $1000 you would of laughed.
All it takes at the moment is a whale to delve into Bitcoin and spend a huge amount which will raise the value and bring more attention from media which means more people will be interested in Bitcoin....or we have a major hack again or something similar of nature which would again bring media attention which would be seen by millions & again even though it's bad news many more people will of heard of Bitcoin and will search up on it.
You might be right it dropping down to double digits...but your not right on people not buying...a huge lot of people are buying Bitcoin. What I think is happening is a lot of people are using the payment processor bitpay which sells their Bitcoin for fiat as soon as they recieve it which decreases the value of Bitcoin. If people stop using bitpay & similar companies then we should see a rise again. Everyone thought bitpay was a great company but in actual facts it's damagining the Bitcoin value & community in general. There are a number of other major factors like more sell orders than buy order but thats obvious & talked about far more often than the point I brought up.

newbie
Activity: 56
Merit: 0
Hope we have a good week this week.
What would a "good week" be like?

$10,000 by Friday.

You saw it here folks.

Who are you nostradamus?
hero member
Activity: 854
Merit: 500
Very amusing.

What you fail to notice is the fact that BTC is in a slow descent, with no bottom in sight.

Let's talk through the scenario, BTC keeps dropping (down 49% since July 3rd) that's more than 10% a month.

In response to that what is happening?

People spending their BTC? NO!

People selling their BTC? YES!

People continuing to hoard BTC waiting for it to come back? YES!

People mining any great quantity of BTC on their own? NO!

People cloud mining making tiny BTC profits? YES!

These things above never change and if they don't then BTC will be $150 in 4 months, then it becomes cost prohibitive for anyone but the huge farms like KNC to mine.

By June BTC will be down in the double digits ($85ish) and no one will be interested in it any longer.

You heard it here.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino


$10,000 by Friday.

You saw it here folks.
[/quote]


 Cheesy Cheesy Cheesy Cheesy Cheesy If you are right you are going to get worshipped by everyone
[/quote]

He's trolling
newbie
Activity: 8
Merit: 0
Hope we have a good week this week.
What would a "good week" be like?

$10,000 by Friday.

You saw it here folks.


 Cheesy Cheesy Cheesy Cheesy Cheesy If you are right you are going to get worshipped by everyone
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Hope we have a good week this week.
What would a "good week" be like?

$10,000 by Friday.

You saw it here folks.

Come on!!!!!

I haven't been signed up here long but I've been involved in BTC for a while, nobody is stupid enough to believe we'll hit 10,000 USD any time soon.

Maybe in 5 or so years.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Hope we have a good week this week.
What would a "good week" be like?

For me it would be not falling any lower.  I really don't want it to go below £200. It's saddening watching it drop. I don't care about it 'going to the moon', but I want the price to just stay stable at least.

A good week would be getting to around £250.

And United losing next weekend Wink
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